KBRA Affirms the A+ Rating Assigned to ABN AMRO Bank N.V.'s Participation in a Subscription Facility to InfraVia European Fund V
10 Oct 2024 | London
KBRA UK (KBRA) affirms the A+ rating and Stable outlook to ABN AMRO's participation in a subscription facility in the form of a replenishable term loan (the "Facility") provided to InfraVia European Fund V. The rating was requested by ABN AMRO as a participating lender in the transaction.
Since issuance of the rating, the Facility size reduced from €1,525 million to €1,200 million and ABN AMRO's commitment reduced from €325 million to €255.7 million. Further, the Facility maturity was extended by one year to September 2025. The Facility is used for working capital and investment purposes including investments. 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 V is the fifth 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.
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