Deal Announcement

DC Advisory advised Siblu on the refinancing of total debt of €80m with a syndicate of five bank and fund lenders

07 Mar 2013

Siblu is a leading operator of owner-occupier holiday parks in France, with 15 sites and a total of 7,900 pitches

The Company has grown both organically and through a number of acquisitions, the last of which was Rives de Condrieu in 2012

DC advised Siblu on raising €80m of new committed facilities

The refinancing will allow Siblu to reduce the cost of its funding, secure long term financing and provides flexibility to raise further acquisition lines

New French lenders participated in the refinancing, diversifying Siblu’s sources of funding away from a UK-focused syndicate and positioning the business for future growth

Deal Team

Ciara O'Neill

Managing Director
United Kingdom

Leslie Hurst, Siblu CEO, commented:
“In jointly sourcing debt funding in London and Paris, DC managed the project very well indeed. Led by Ciara O’Neill, they demonstrated a capacity to get the job done calmly and professionally.“