Rantum Capital grants subordinated loan to leading building materials producer
Rantum Private Debt Fund III provides a subordinated loan to a leading German building materials producer. A few weeks after the formal launch of the new fund, it is thus rapidly commencing its investment activities. The Rantum subordinated loan will be used to pay a special dividend to the shareholders.
Marc Pahlow, Managing Director of Rantum Capital, comments: “Our borrower enjoys a market-leading position in its industry and has performed extremely well in recent years. The company’s strong cash flows allow for the payment of a substantial special dividend to the shareholder. We are thus pleased to add a financially strong company with an attractive interest rate to our fund portfolio.”