Christie Group PLC Arrangement of Finance Package for Client
03 November 2016 - 1:00AM
RNS Non-Regulatory
TIDMCTG
Christie Group PLC
02 November 2016
2 November 2016
Christie Group plc
("Christie Group" or the "Company")
Christie Finance broker GBP26m finance package for Residential
Care Home operator
Christie Group plc (CTG.L), the leading provider of Professional
Business Services and Stock & Inventory Systems & Services
to the leisure, retail and care markets, is pleased to announce
that Christie Finance, its specialist Commercial Finance Broker,
has successfully arranged a finance package of GBP26,000,000 for
twenty-three of Hollyblue Healthcare's portfolio Residential Care
Homes operating in the elderly and specialist care sectors.
Tenants of the portfolio include some of the leading healthcare
providers in the UK.
The funding provided by a London based Global Investment Bank
raises capital to facilitate future acquisitions. Hollyblue
Healthcare is owned by funds advised by Monarch Alternative Capital
LP ("Monarch").
Chris Field, Director at Christie Finance, who acted on behalf
of Hollyblue Healthcare in securing finance for the portfolio,
commented: "With our access to the 'Whole of the Market' we were
able to source the most commercial facility, which met the bespoke
and intricate requirements of this mandate. I am delighted that we
have successfully delivered on what was a challenging remit."
Matthew Glowasky, Managing Principal of Monarch's European
affiliate based in London, comments, "Christie Finance have
provided excellent and informative advice on our fundraising
efforts over the past few years. Their dedicated approach and
ability to think outside the box to access the most competitive
funding has again paid dividends."
Enquiries:
Christie Group plc
Nick Baker 020 7227 0700
Managing Director, Christie
Finance
David Rugg 020 7227 0707
Chief Executive, Christie
Group
Dan Prickett 020 7227 0700
Chief Financial Officer,
Christie Group
Panmure Gordon (UK) Limited:
Dominic Morley / Charles Leigh-Pemberton 020 7886 2906
Nominated Adviser & Broker
Notes to Editors:
Christie Group plc, quoted on AIM, is a leading professional
business services group with 46 offices across the UK, Europe and
Canada, catering to its specialist markets in the leisure, retail
and care sectors.
Christie Group operates in two complementary business divisions:
Professional Business Services (PBS) and Stock & Inventory
Systems & Services (SISS). These divisions trade under the
brand names: PBS - Christie & Co, Pinders, Christie Finance and
Christie Insurance: SISS - Orridge, Venners and Vennersys.
Tracing its origins back to 1846, the Group has a long
established reputation for offering essential services to client
companies in agency, valuation services, investment, consultancy,
project management, multi-functional trading systems and online
ticketing services, stock audit and inventory management. The
diversity of these services provides a natural balance to the
Group's core agency business.
For more information, please go to www.christiegroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
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