We provided model audit advice to Infracapital on the successful refinancing of their inland waterway transport assets, BCTN and MCS.
We provided model audit advice to Infracapital on the successful refinancing of their inland waterway transport assets, BCTN and MCS. The deal comprises of a five year infrastructure style debt with a bullet repayment.
The facility size is €55m, comprising of a Day 1 term loan of €40m, a capex facility and RCF of €15m and an accordion feature. This will provide funding capability for future growth and expansion plans of the business.
Infracapital acquired BCTN, a leading inland container terminal operator in the Benelux in June 2021 and subsequently acquired MCS, one of the Netherlands’ largest container logistics companies, in December 2021. The two businesses have since been combined into one platform which seeks further consolidation in the region.
We are delighted to have supported Infracapital as their trusted model auditor in each step of the journey in building this platform.