Loan amount

£29m+ at 70% LTV

Mezzanine + Senior

New to market mezz fund

A hotel and entertainment business was keen to ensure optimal rates and maximise yield

after surpassing the early repayment break with their current lender

The deal


  • Hotel in a strong location
  • Improvement works completed since initial loan
  • Luxury facilities and popular entertainment venue


  • First legal charge senior debt
  • Second legal charge mezzanine debt



  • From 100+ hotel rooms
  • From entertainment: restaurants, bars, nightclub
  • From a luxury spa


  • £29 million+ refinance against a £42m value asset
  • Senior and mezzanine debt



  • Multiple operating business lines

Facility Secured

  • 5-year term
  • Soft amortisation
  • Competitive blended margin


A hotel and popular entertainment venue sought to re-evaluate their borrowing structure after a period of consolidation and improvement. This existing loan was secured at an early stage of operation after extensive improvement work had been undertaken.

The owner saw value in refinancing at a lower margin for a 5-year term. There was a preference for soft amortisation to allow for further planned CAPEX works.

We achieved a 5-year senior-mezzanine facility with a highly competitive margin and EBITDA debt multiple. The senior debt was provided by a high street bank while the mezzanine facility was provided by a 'new to market' specialist fund.

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    Colliers Structured Finance
    Second Floor, Weighbridge House, Liberation Place, St.Helier, JE2 3NA, Jersey.

    +44 1534 767 600

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