CHALLENGE
Large-scale hotel property with single tenant and revitalization projects
The property was financed via a multi-level cross-boarder ownership structure. Furthermore, long-term financing of the revitalization costs was sought.
Through the chosen financing structure (Structure Finance) different financing components should be used.
SOLUTION
Creation of a bank consortium
The high overall transaction volume of the investment also means a high level of borrowed capital - the financing was arranged accordingly via a banking consortium.
The peculiarities of the Asian investor structure were taken into account, to ensure efficient management of the current financing contract. At the same time, the demanding KYC (Know-Your-Customer) Requirements implemented.
RESULT
Successful implementation
- The financing was realized as intended.
- All the due date requirements could be submitted on time.
- A closed financing cycle could be established.
- The financing was paid out as planned.