Bain Capital Credit acquires Spanish real estate developer Habitat

MADRID, LONDON, January 30, 2018 – Habitat Inmobiliaria (“Habitat”), one of the leading companies in the development and sale of high-quality residential projects in Spain’s main cities, has strengthened its business after being acquired by Bain Capital Credit, LP, (“Bain Capital Credit”), from a group of financial investors.This transaction gives an important boost to Habitat’s...

Bain Capital Credit Acquires a Portfolio of 103 Repossessed Assets in Italy

LONDON, December 21, 2017 – Bain Capital Credit, LP, (“Bain Capital Credit”) and Castello SGR S.p.A. (“Castello”), announced today that they have agreed to acquire a portfolio of 103 residential, industrial and commercial real estate assets, named Project Hemera, from Intesa Sanpaolo S.p.A. (“Intesa”).The portfolio comprises assets repossessed from terminated leasing or loan...

Antares and Bain Capital Credit Form Unitranche Joint Venture

CHICAGO and BOSTON, December 1, 2017 — Antares Capital LP (“Antares”) and Bain Capital Credit (“Bain Capital”), today announced the formation of a joint venture providing a unified, private lender solution to private equity backed middle market borrowers.  The joint venture, which will be marketed as the Antares Bain Capital Complete Financing Solution (“ABCS”), provides private...

Bain Capital Credit Agrees to Establish a Joint Venture to Manage Real Estate Assets Portfolio from Liberbank

LONDON, October 23, 2017 – Bain Capital Credit, LP announced today that it has entered into a binding agreement to establish a joint venture company, which will own and manage a portfolio of repossessed real estate assets from Liberbank. Bain Capital will control and manage the JV with an 80% stake with the two other shareholders being Liberbank and Oceanwood. Bain Capital Credit now owns and...

Bain Capital Credit Acquires €385 Million Portfolio of Italian NPLs

LONDON, August 4, 2017 – Bain Capital Credit, LP announced today that it has acquired a loan portfolio from Banca Mediocredito del Friuli Venezia Giulia. This is Bain Capital’s first standalone portfolio acquisition in Italy since it acquired Aquileia Capital Services S.r.l. (“ACS”, formerly known as Heta Asset Resolution Italia S.r.l.) in February 2017, which will service the...

Bain Capital Credit Acquires NPL Portfolio in Spain

LONDON, July 11, 2017 – Bain Capital Credit, LP announced today that it has acquired a loan portfolio from Banco Ibercaja SA. This is Bain Capital’s ninth portfolio acquisition in Spain since 2014. The portfolio has a €489 million par value and comprises non-performing and sub-performing first lien bilateral loans to real estate developers. The collateral securing the loans is mostly...

Bain Capital Credit and HSBC refinance LDC-backed Adler & Allan

LONDON, July 6, 2017 – Bain Capital Credit and HSBC announced today that they have partnered to refinance the existing debt of Adler & Allan with a unitranche loan. Adler & Allan is one of the UK’s leading providers of specialist environmental and related asset resilience services and is owned by its management team and Lloyds Development Capital, which invested in 2014. HSBC has been...

Griffin Capital Announces Launch of Institutional Access Credit Fund

Bain Capital Credit Launches Non-Performing Credit Business in Italy

LONDON, February 21, 2017 – Funds and accounts managed or advised by Bain Capital Credit, LP today have indirectly (through their wholly owned Irish holding platform) completed the acquisition of Heta Asset Resolution Italia S.r.l. (“HARIT”), including all outstanding loans, from HETA Asset Resolution AG. HARIT (formerly known as Hypo Alpe-Adria Leasing S.r.l.) is a real estate leasing...

Bain Capital Credit Acquires €364 Million Loan Portfolio From A Leading Spanish Financial Institution

LONDON, December 29, 2016 – Bain Capital Credit, LP announced today that it has acquired a loan portfolio from a leading Spanish financial institution. This is Bain Capital's fourth portfolio acquisition in Spain and seventh investment in the country since 2013. The portfolio has a €364 million par value and comprises defaulted first lien bilateral Spanish loans to hotel operators, real...