Rantum Capital grants subordinated loan to market-leading specialty chemicals company
Rantum Private Debt Fund II has provided subordinated financing to a market-leading German mid-market company in the specialty chemicals sector. The financing was provided by Rantum Private Debt Fund II and is its first transaction. The financing is for the refinancing of existing debt lines and the provision of further growth capital. The capital provided by Rantum will be used in particular to expand the production facilities to improve production efficiency and product quality.
Dr. Dirk Notheis comments: “We are pleased to launch our second fund with this investment. The specific industry offers many growth opportunities and proves to be extremely robust even in times of crisis. We have confidence in the experienced management team, which has already shown historically that it is capable of developing the company successfully.”