Coronavirus - Business Continuity
In this period of unprecedented crisis, CIC Private Debt remains mobilized and has triggered its BCCP (business continuity and contingency plan) to ensure the permanence and continuity of its business.
A plan to monitor the impact of the events on the holdings is being implemented by our teams.
Your usual contacts are teleworking and can be reached by e-mail and telephone.
We are deploying all the necessary means to respond to your requests in the context of the health crisis that we are experiencing.
Adit : secondary LBO
CIC Private Debt is supporting Adit Group, the European leader in strategic intelligence, into its next step of development by underwriting the Unitranche financing in its buyout by Parquest Capital, Bpifrance, Amundi PEF and the Management.
Frénéhard & Michaud : the family-owned company secures its growth
Frénéhard & Michaud is a major French industrial Group, specialist of solutions for access and work at height. CIC Private Debt has supported the Group in its development by financing various investments alongside its traditional banking partners.
CIC Debt Fund 3, a successful launch !
CIC Private Debt is expanding its Senior Debt Mid Cap activity with the launch in November 2018 of CIC Debt Fund 3 targeting a size of €450m. As at June 30, 2019, the fund has already collected more than €350m from institutional investors and has financed 18 companies for almost €130m.
Financing of a group of 5 motorway concessions in Portugal
CIC Infra Debt Fund has recently participated for €22.6m in a €75m bond issue from Ascendi PT (whose financial sponsor is Ardian), which holds 5 motorway concessions in Portugal. The 5 concessions are on an availability basis, with subsequently no traffic risk on these projects.