3I GROUP PLC Scandlines, a market leading European ferry operator between Denmark and Germany, has successfully raised a €305.6 million debt facility which complements the financing platform put in place in 2017.
The lending group is made up of international institutional investors active in the infrastructure financing space. The structure has been rated BBB by Fitch, with a portion of the proceeds used to prepay short-dated debt. 3i will receive €98.8m as part of the refinancing.
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About 3i Group
3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com
About Scandlines
Scandlines operates two short-distance ferry routes between Germany and Denmark with high frequency and large capacity. Our eight ferries provide efficient and reliable transportation services to the professional freight and private passenger markets, with more than 43,000 departures annually.
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.
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3i Group plc published this content on 08 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2019 08:49:07 UTC
