Adam Street arranged debt funding and advised on the process to complete a share buy-back for the company. Working against a backdrop of a very challenging timetable, the transaction only took 3 months from meeting the client to completion.
Queensberry is a leading real estate developer and investor specialising in large scale mixed-use regeneration schemes across the UK with a focus on retail and leisure destinations.
Andrew Barnsley, Managing Partner at Adam Street, said of the deal:
“At a time when most high street banks are essentially shut for SME cash flow lending, we approached the alternative debt market. Being an exciting, growing business, Queensberry attracted a lot of interest from capital providers to support the transaction. AIB proved very competitive and commercial in their approach and were successful in completing the transaction”.