#Norafin Industries GmbH

Network Corporate Finance acted as debt advisor to the management and shareholders of Norafin on the reorganization of the company´s entire financing structure.

#Key data

Industry: Industrials
Client: Norafin Industries GmbH
Project type: Debt Advisory
Description: Debt Advisory
Date: November 2019

Transaction

Norafin´s financing structure has been completely reorganized in a new structure with existing and new lenders. The existing debt facilities have been extended, the repayment structure as well as the financial covenants redefined and various terms unified. Furthermore, an additional factoring line has been raised to support the company´s future growth.

 

The Company

Norafin is a leading solution provider of high quality, innovative, composites, spunlaced and needlepunched nonwovens. Its highest priority segments include protective apparel, special cleaning, medical products, composites, liquid and air filtration. Norafin´s shareholder structure consists of VR Equitypartner, Maxburg Capital Partners and its management.

For additional information on Norafin: www.norafin.com

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