FAP structures financing for KKR and Velero over EUR 377m

KKR, a leading global investment firm, and Velero Immobilien GmbH announced that Velero has refinanced its entire German residential real estate portfolio. The €377 million refinancing was provided as a senior loan by Société Générale and has a maximum maturity of six years.

FAP Finance advised KKR and Velero on the structuring of the financing and orchestrated the entire process. Read more in the attached press release.