Hayfin Capital Management LLP (“Hayfin”), a leading independent provider of credit financing in the European mid-market, is pleased to announce the closing of Hayfin Ruby II Luxembourg S.C.A., a €400 million, multi-currency collateralised loan obligation. Hayfin Ruby II will invest primarily in senior secured loans to European middle-market companies.
Tim Flynn, Chief Executive Officer at Hayfin, commented, “We worked closely with a core group of investors to develop an attractive financing solution for our balance sheet. This transaction represents another important milestone for the business as we continue to expand the franchise.”
Natixis acted as arranger and sole lead manager for the transaction.