A Confidential Client
A Confidential Client has raised debt financing of $30,000,000 as a bridge financing solution to repay their existing lender.
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A Confidential Client has raised debt financing of $30,000,000 as a bridge financing solution to repay their existing lender. MNP Corporate Finance Inc. acted as the exclusive financial advisor, arranging this bridge financing from end to end in an accelerated 45-day timeline.
Transaction Brief
A Confidential Client "The Client" is a multi-location, family-owned grocery retailer based out of Ontario, Canada.
The Client engaged MNP Corporate Finance to assist in securing a bridge loan to refinance the company's house bank. MNP Corporate Finance conducted a targeted marketing campaign to private credit funds.
The final credit structure was a collateral-dependent, term loan with a with a bullet repayment and interest reserve, provided by a non-bank real estate specialty lender.