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KBC Ancora €325 million secured facilities restructuring

15/3/2019
Financial restructuring, Refinancing
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€ 325 million

$ 349 million

Completed

15/3/2019

Overview:

  • Belgian bank KBC Ancora has restructured €325 million of secured facilities.
  • KBC Ancora is listed on Euronext Brussels, and is the largest single shareholder of Belgium's largest independent retail bank, KBC.
  • In March 2019, KBC Ancora refinanced a €147 million tranche of the €325 million secured facilities agreement.

Kurt Stumpo - Journalist

Jurisdiction:

Belgium

Deal types:

Financial restructuring
Refinancing

Practice area:

Banking

Governing law:

Belgium

Industry sectors:

Banking
Financial services

Firms:
Clifford Chance

Party: Lenders (Lender)

Eubelius

Party: KBC Ancora (Borrower)

Lawyers: Matthias Wauters, Thomas Donnez

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