Mantsinen Group secures EUR 59 million club loan arrangement

Aventum advised Mantsinen Group Ltd Oy (“Mantsinen” or “Company”) on its EUR 59 million club financing arrangement as a part of a broader financing package including increased leasing and factoring limits. The financing package, arranged with a bank club consisting of Danske Bank, Nordea and Aktia, consists of a term loan and a revolving credit facility. The term loan is intended to refinance the Company's existing bilateral facilities while the revolving credit facility supports Mantsinen's ongoing growth initiatives and operations. 

The financing arrangement represents Mantsinen’s first club loan and provides the Company with a scalable financing platform to support international growth in material handling solutions and the development of its logistics services operations in Finland. 

Aventum acted as adviser to Mantsinen in the financing transaction.