KBRA Publishes a Rating for ABN AMRO Bank N.V.'s Participation in a Capital Call Facility to InfraVia European Fund IV
16 Jul 2024 | London
KBRA UK (KBRA) publishes the rating assigned to ABN AMRO Bank N.V.'s (ABN AMRO) participation in a capital call facility in the form of a replenishable term loan (the "Facility") provided to InfraVia European Fund IV. The rating was requested by ABN AMRO as a participating lender in the transaction. On 29 March 2024, KBRA UK (KBRA) assigned an A rating and Stable outlook to the Facility on an unpublished basis.
ABN AMRO has committed €56 million to the €180 million Facility. The Facility is used for working capital and investment purposes including investments and is due to mature in June 2025. The Lenders have a first priority security interest in the uncalled capital commitments of the Fund, including the right to make capital calls under the finance documents further to the occurrence of an acceleration or a payment default.
InfraVia European Fund IV is the fourth vintage in InfraVia Capital Partners' infrastructure strategy. The investment strategy focuses on a range of infrastructure transactions with a focus on mid-market infrastructure projects in the transportation, energy, social infrastructures, utilities and communication sectors and in related services fields, with geographical focus in the Eurozone.
This press release has been updated on 6 August 2024 to revise text relating to the Representations & Warranties Disclosure that was received subsequent to the last publication date.
To access rating and relevant documents, click here.
Click here to view the report.