HB RTS , a supplier of recyclable transportation items , has refinanced its live debt facilities with a new funding package tot up EUR 145 million . The refinancing was arranged through a partnership with AustralianSuper and Rabobank , following a market process that batten militant terms . The software program includes a term loan , a capital using up ( capex ) readiness , and a revolving mention deftness , with a bullet maturity of five year . An additional EUR 50 million uncommitted piano accordion adeptness has also been established to support the company ’s growth ambition .
The refinancing follows HB RTS ’s learning of TPS Rental Systems in December 2024 and is intended to strengthen the company ’s position in the reusable load aircraft carrier solution sector across Europe . The fresh backing will be lead towards expand HB RTS ’s offerings , particularly in the food supply chain and other substance sectors , aligning with industry cause to transition away from individual - use packaging towards more sustainable practices .
HB RTS was advised by Rothschild & Co and Allen & Overy Shearman on the dealing , while Freshfields acted as effectual counsel for the lenders . Bas Thuijs , CFO of HB RTS , described the refinancing as put up a solid financial introduction for the company ’s next phase of maturation . He underscore that the understanding reflects confidence in the caller ’s strategy and its commitment to sustainable solution for European customers .
AustralianSuper and Rabobank played key roles in the refinancing summons . Nick Ward , Head of Private Credit at AustralianSuper , stated that the transaction align with the fund ’s mental ability to tender customized financing solutions for occupation with strong infrastructure characteristics . Ruud Stegeman , Executive Director of Wholesale Client Coverage at Rabobank , noted that the refinancing aligns with Rabobank ’s focus on supporting sustainable , modern solutions in the reusable packaging supply chain of mountains .
The refinancing is expected to support HB RTS ’s continued enlargement in the European market , with a focus on providing sustainable and reusable packaging solutions to various industry .
For more info : HB RTSTel : +31 ( 0 ) 30 78 20 979Email:[email protected]www.hb - rts.com
