REVOLVING CREDIT FACILITY AT CORPORATE LEVEL WITH BANK OF CHINA
Frankfurt, January 2020. Bank of China has provided a revolving credit facility at corporate level to a listed real estate developer. The borrower will use the facility to accelerate its project development business.
The drawn credit facility can be repaid by equity or the respective project financing. The repaid credit becomes then available for new projects. The transaction was executed by Bank of China’s Frankfurt branch.
ACXIT Real Estate acted as the exclusive financial advisor to the borrower.
About Bank of China
Bank of China is a commercial bank headquartered in Beijing / China. With total assets of approx. EUR 2.8tn, Bank of China is the fourth largest bank in the world.
About ACXIT
ACXIT Capital Partners through its subsidiary ACXIT Real Estate (ARE) is a leading independent corporate finance and investment advisory firm for real estate in Europe and beyond. ARE combines both Mergers & Acquisitions and Debt advisory expertise. Since 2016, ARE has completed approx. 40 transactions with a total deal/financing volume of approx. EUR 4bn covering more than 260 assets.
ACXIT Capital Partners is a leading independent corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. As an independent, privately owned firm, we maintain offices and representations in Frankfurt, Berlin, Munich, Zurich, Hong Kong and New York as well as strong alliances in the UK, France and India. Our clients are corporations, family-owned businesses, entrepreneurs, financial sponsors and family offices.
PRESS CONTACT
ACXIT Capital Holding GmbH
WestendDuo
Bockenheimer Landstraße 24
60323 Frankfurt am Main
Germany
www.acxit.com
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