Transaction types

  Acquisitions
Bell Capital Partners can work with buyers of assets to ensure that they optimize their acquisition financing package by raising capital that will maximize the sponsor’s returns while simultaneously providing operational and financial flexibility and cushion in case unforeseen circumstances arise. Our investor network can assist borrowers by providing the following types of finance:

• Senior debt, either in total or to complete and enhance any senior bank offering
• Subordinated debt to increase and optimize the total debt financing at attractive rates
• Joint venture or minority equity co-invest to assist sponsors in managing their risk and exposure to a particular transaction

We can also assist sellers of assets by sourcing staple financing packages for potential purchasers.

Refinancing
Many real estate financings issued over the past several years are coming due for refinancing or are in need of new capital to de-lever the current debt and partially repay the original lenders. Bell Capital Partners can assist in both situations by utilising our investor network to provide:

• New senior debt or enhancement of the senior debt offered by banks
• Subordinated debt to increase the total debt financing at attractive rates

In addition, sponsors may find themselves needing to only partially refinance existing financings in order to increase liquidity or pay down existing lenders. Alternatively, it may be more economical for borrowers to add subordinated capital on top of existing senior debt rather than refinancing the entire amount. In all these situations, Bell Capital Partners can assist borrowers by bringing in new layers of capital at the subordinated level to address these issues. This can come in the form of subordinated debt, preference shares and/or equity.  

  Bell Capital Partners can source equity from our investor network to assist sponsors with asset divestment programmes, both in respect of single assets or portfolios and across all the major real estate asset classes: Commercial, Retail, Residential, Hotels, Leisure and Logistics. We can also source equity to assist sponsors with recapitalisations of their real estate businesses in order to help fund future acquisitions, whether by the sale of shares in their business or by the issuance of structured products such as convertible bonds.  

  Following the financial crisis, some sponsors are still finding themselves with transactions that are suffering from a certain level of financial distress or asset distress. In most circumstances, sponsors are in need of a financial restructuring that can alleviate the restrictions imposed upon them by current financing arrangements and provide the freedom and liquidity to their transactions that can put them on sound footing for the future. Bell Capital Partners can assist sponsors in these situations by utilising our investor network to provide comprehensive financing solutions that will:

• Refinance existing lenders either partially or entirely so that restrictions on the management of the asset are lifted
• Provide new layers of capital that bring liquidity to the asset and the resources required to enable the completion of the sponsor’s business plan
• Bring new investors to the transaction that can assist in risk sharing going forward.