€18m Bridging Loan – Residential Villa in Spain

Key Highlights

Type of Client: HNW Serial Entrepreneur

Loan Amount: €18m

Purpose: Refinance and Liquidity

Jurisdiction: Various

The Challenge

  • Tight timeline
  • Unusual asset class or collateral
  • Cross-border structuring  Spain, England, Ireland and Luxembourg

TENN Solution

  • €18m bridging loan
  • Residential villa in Spain
  • Sale of other assets
  • Highly complex structure with various entities providing security

Outcome & Value Created

  • Refinance and liquidity

This deal spanned a number of well known jurisdictions for us but really was only made possible due to the incredibly high level of communication between the execution team at Tenn and various legal teams involved.