We help you design your credit story and approach, and select the right lenders and products. We see more transactions than anyone else and we know the market.

Debt capital markets are extensive and deeply liquid, with many options for borrowers of all sizes. Whether you’re a corporate, sponsor or institutional investor, you need to navigate this market in a smart and informed way to access the optimal structure.

We can help you find the right lender and type of debt products to help you work towards your strategic ambitions. Our team of deeply experienced experts know the debt market and will help you design and then achieve the best funding options.

  • Practical solutions
    Practical solutions
    Achieving the optimal funding structure for your business is key for all stakeholders
  • Raising/refinancing debt
    Raising/refinancing debt
    We help you navigate debt markets to access the right debt structures for your requirements
  • Restructuring debt
    Restructuring debt
    We help you work through debt restructurings with your lenders and shareholders to achieve a sustainable capital structure

Why Grant Thornton

We act as a strategic sounding board, testing and challenging assumptions and facilitating debate within your leadership team. By gaining a unique understanding of your strategic ambitions, we can advise you on the funding options available to you to support your business and deliver value for your stakeholders.

Our dedicated team has extensive experience across: 

  • M&A and acquisition finance
  • refinancing
  • dividend recapitalisation and share buyback
  • working capital
  • capital expenditure
  • new money liquidity
  • restructuring.

Case study

The client
Our client was a market-leading, independently owned corporate within the business support services sector. They provided soft facilities management solutions including cleaning, security, compliance and catering services to blue-chip corporates and the public sector.
The problem
Our client needed to raise £50 million through a combination of asset based lending (ABL) and unitranche. This structure is gaining more popularity across the marketplace, particularly with companies who have both good asset bases and margins where EBITDA converts well to cash flow. The intercreditor principles between the ABL provider (typically a bank) and the unitranche provider (typically a fund) are imperative for concluding a successful transaction. Each is different, as we usually see the ABL funder able to advance a higher proportion of the overall financing package compared to more market-standard structures.
Our solution
We drove a competitive process leveraging our extensive sector knowledge, experience and network of funders across the capital spectrum. During the transaction, our team was also on hand to advise on an off-market acquisition and refinance of the existing banking facilities. Our involvement ensured the business capitalised on a strategic growth opportunity and delivered an investment that met the shareholders’ key objectives.

Who we work with

Our debt advisory team specialise in working with:

  • Financial sponsors
  • Privately-owned corporates
  • Listed corporates
  • Family offices
  • Asset managers and institutional investors (including pension, insurance, real estate and CLO funds)  
  • Landlords
  • Asset based lending (ABL) funders
  • Special Situations
  • Islamic Finance
  • Regulators