Travers Smith has advised Shawbrook Bank on the provision of a new £65 million NAV facility to Castelnau Group Limited (“Castelnau”), a listed closed-ended investment company on the London Stock Exchange.
The facility will be used for the refinancing of Castelnau’s existing debt and to further support its growth ambitions, providing significant flexibility to pursue new opportunities and streamline funding across its diversified portfolio.
The Travers Smith team was led by Head of Finance, Charles Bischoff, with support from senior associate Melissa Atkinson and associates Ben Saunders and Hemani Balasingam.
Charles Bischoff, Head of Finance at Travers Smith, commented:
“Our team are delighted to have worked with long-standing client Shawbrook on this NAV facility. It's always a pleasure to work alongside their team, and we're pleased to have helped them support Castelnau in their next stage of growth.”
