Black Toro could invest EUR 10m in Irestal Group
Black Toro podría invertir EUR 10m en Irestal Group
Intel ID : 223704
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British private equity firm Black Toro could invest EUR 10m in Spain-based Irestal Group, a stainless steel manufacturer. In addition, the fund may have reached an agreement with banks to acquire Irestal long-term debt, which is valued at EUR 30m, with a 70% discount. This means that Black Toro will become Irestal's second largest shareholder with 50% of the capital and its first creditor.
(content in spanish)
La firma británica de private equity Black Toro Capital podría realizar una inversión de alrededor de EUR 10m en la sociedad española Irestal Group, dedicada a la fabricación de productos de acero inoxidable. Además, el fondo podría haber llegado a un acuerdo con los bancos para comprarles la deuda a largo plazo de Irestal, que ronda los 30 millones de euros, con un descuento de alrededor del 70%. Es decir que Black Toro se convertirá en el segundo accionista -con cerca del 50% del capital- y el primer acreedor de Irestal. |
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| Intel ID | 223704 | ||
| Value | EUR 10,00m (Approx.) | ||
| Native Currency | Euro (EUR) | ||
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Financial Data - Irestal Group
(31 Dec 2021) |
Net Debt: EUR 3,90m |
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25.01.09 Private Equity 25 Financial Services / 25.01 Banking & Investment |
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25.03.03 Real Estate Services 25 Financial Services / 25.03 Real Estate |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.