Credit Opportunity Fund

Investment in opportunities for business credit financing that have resulted from the global financial crisis
The Business
This Credit Opportunity Fund is expected to be capitalized at about $300m with the purpose of providing credit to companies in industries that benefit from stable disposable income growth with demand that is not sensitive to nor positively influenced by current financial downturn such as:
Retail: non-luxury goods and food, hypermarket and discounter format;
Consumer goods production;
Export substitution;
Consumer services: medicine, telecoms, utilities;
Fast-food, main-stream mid-price entertainment.
Target companies shall have a sound underlyng business with:
Good growth opportunities, including acquisition of weaker industry players;
Liquidity problems due to current market conditions;
Acceptable debt levels given growth prospects.
Market
The parameters for the Fund are as follows:
Ticket size: US$ 10 – 50 m
Term of loans: 12-30 months
Target Fund Size: US$ 300 m
Use of funds: Refinancing and/or M&A deals
Security: Pledge of company shares, real estate,
liquid assets
Personal guarantees of the companies’ owners
Fund’s control over use of the loan
Interest rates: from 18% p.a.
Equity kicker: Share warrants or options
Sector: Funds
Segment: Trade Finance
Region: Russia
Financing Size: $5m to $20m
Contact: Alex Abolmasov
Company: NRG
Telephone: +7 495 685 9505
Email: [email protected]