redos and Madison close EUR 320 million refinancing with Hamburg Commercial Bank and FAP as financing partners
As part of the redemption, an unsecured facility of more than EUR 50 million was placed out of HCoB's new senior loan. This tranche was taken over by the debt fund "FAP Balanced Real Estate Financing I Fund" together with a major Swedish bank as club deal partner. The subordinated tranche was organized and structured by FAP Invest as investment advisor. At the same time, FAP also acts as facility agent.