CORPORATE FINANCE NEWS

We are delighted to report that last month Mainstream Renewable Power redeemed its Senior Loan Note facility with Cantor Fitzgerald.  Mainstream recently completed the sale of the Neart na Gaoithe offshore wind farm project in Scotland which resulted in a significant liquidity event for the business. This resulted in the repayment of €25m in principal

In May 2018, Cantor Fitzgerald Ireland completed a €5.25m secured loan note fundraise for Kilternan Cemetery Park. The loan note will pay an annual coupon of 7% to investors. Situated on a panoramic site of approximately 9 acres between the Enniskerry Road and the Rathmichael Road, the cemetery is a premium, best-in-class offering. There was

Cantor Fitzgerald Ireland joined Seroba life Sciences, Johnson & Johnson, MedTronic and others as platinum sponsors of the MedTech Stratagist Innovation Summit which took place in Dublin this April. Liam Kiely, Director of Corporate Finance, gave a Life Sciences capital markets update and talked through the rebound in investor sentiment which has resulted in a

In 2014, Cantor Fitzgerald clients invested €2.5m in Great Northern Distillery Limited (“GND” or the “company”) via the EIIS scheme. The funds were used by John Teeling and his team to convert the former Harp Brewery in Dundalk – which was acquired from Diageo in 2014 – into a large scale malt and grain distillery.

In December 2017, Cantor Fitzgerald Ireland completed a €4m EIIS fundraise for Hazelwood Demesne Limited (“Hazelwood”) trading as Lough Gill Distillery. Hazelwood owns an 81 acre estate, on the shores of Lough Gill in County Sligo. The estate includes an existing factory premises which will be converted to a whiskey distillery. Planning permission to produce

In November 2017, Cantor Fitzgerald completed an equity fundraise of US$8.25m into Boxever Ltd. The investment was made up of a consortium of existing investors Polaris and Frontline, along with new private equity and family office investors. The transaction included a substantial portion of EIIS investment made through the Cantor Nominee Group, in the amount

Cantor Fitzgerald recently hosted a Real Estate Finance Seminar at the Radisson BLU Hotel in Galway which was very well attended by developers, financial advisors, accountants and solicitors. David Beaton, our Chief Investment Officer presented an overview of investment markets, while Glenn Bradley, Director Corporate Finance highlighted the many funding challenges currently faced by developers

We are delighted to confirm that Cantor Fitzgerald investors were repaid the capital they invested, together with a return of 13.87% on the successful refinance of the senior loan note issued by Ballisk Homes Limited in August 2016. The loan note was used to purchase a development site at Donabate, Co. Dublin and to fund

In March 2016 Amarenco Solar Limited (“Amarenco”) raised €5.5m through Cantor Fitzgerald Ireland by way of an unsecured loan note paying a coupon of 15% per annum. The funds were used to establish a development pipeline of operational solar assets in France during 2016/17. Amarenco successfully deployed this capital on the acquisition of a number

The loan note transaction closed for Cantor Fitzgerald’s second project with ITF Douglas in recent weeks, with construction due to commence over the coming month. Cantor Fitzgerald successfully completed a €4.6m loan note fundraise secured against a 10-acre site in Moneygourney, Douglas, Co. Cork. The site will be developed by ITF (Douglas) and will comprise a