GBP 2.5 loan + warrants deal for UK AIM-listed energy company

ID R6JFD2

Published on: 23rd July 2024

Timeline expectations: In the next 3 months


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Company Director » Banking


0

day left

Open to bids


Deal value

£1M

Jexium Ltd. are acting for a UK public company to arrange a 3-year loan of from £1 to £2.5 million for a project which is important for the UK’s national transition to clean renewable energy. This transaction offers several attractions, particularly to a lender with experience in oil & gas and/or an interest in developing future business in the growing field of energy transition project finance: ▪ The value of the collateral offered is up to ~40x the amount of the Loan; ▪ The Company has no existing debt or other creditors – the Lender will be senior creditor for the term of the Loan; ▪ The Lender will receive Warrants to purchase listed ordinary shares in the Company at Loan maturity at a discount of 20% up to the amount of the Loan principal.

Sellside

Beneficiary net worth -