Supporting our clients with announcement of maiden domestic US debt financing

Iofina Plc has entered into a new loan agreement with First Financial Bank, a Cincinnati-headquartered, US regional bank. This provides Iofina with new debt facilities of US$18 million.

 

Iofina is a vertically integrated company that specializes in the exploration and production of iodine and the manufacturing of specialty chemical derivatives.

The conclusion of the debt refinancing is a significant and positive step for Iofina and is the culmination of many months of hard work. The favourable terms of this refinance demonstrate how far Iofina has progressed in recent years, given that the company has significantly reduced debt, lowered debt interest rates and secured a strong lending bank partner. TOM BECKER, PRESIDENT & CEO, IOFINA PLC, USA

Oaklins found the best partner to expand the business

Oaklins Cavendish’s debt advisory team, based in the UK, advised Iofina Plc. The team discussed this transaction with around 40 domestic US lenders, including discussions with many non-bank US lenders.

Talk to our advisors in the UK

Alistair hay
Alistair Hay London, United Kingdom
Partner
View profile
Graham cooke
Graham Cooke London, United Kingdom
Partner
View profile
Krishan raval
Krishan Raval London, United Kingdom
Associate
View profile

Contact our local advisors

Marcus blomqvist 0
Marcus Blomqvist Helsinki, Finland
Partner
View profile
Samuli siljamaki
Samuli Siljamäki Helsinki, Finland
Partner
View profile

Read more about the transaction, deal drivers and M&A valuation aspects

Gå inte miste om det senaste

Få de senaste nyheterna inom M&A och marknadsinsikter direkt till din e-post

Prenumerera

Liknande Energi artiklar