Equitis Gestion, French subsidiary of IQ-EQ group (EUR430 billion of assets under management), has collaborated with Ermewa Holding, parent company of Ermewa group, expert in the field of wagon rental and tank containers with a worldwide presence in over more than 30 countries in Europe, United States and Asia, as fiduciary in order to secure the refinancing of its existing long term debt up to EUR1.6 billion.
In this purpose, a fiducie suretyship has been entered into between Ermewa Holding, its pool of international lenders (banks and bondholders) and Equitis over shares of companies owning industrial assets.
Due to the many advantages the fiducie offers to Ermewa Holding and its financial partners, this solution has quickly appeared as the most suitable. The neutrality and the flexibility of the fiducie given to the borrower added to the necessity to optimise the solvency ratios for the lenders, have allowed Ermewa group to put in place a new platform of financing in better conditions from a cost and duration perspectives.
Equitis Gestion, with both its Front and Back Offices, provides Ermewa Holding and their financial partners with its strong expertise as market leader.
We would like to thank Ermewa Holding for having contributed, as many other industrial actors and real estate investors that have already trusted us, to put the fiducie among the best leverage for any kind of financing.