Fri, May 1, 2020

Lucid Agency and Trustee Services Q1 2020 Business Update

Market conditions in the first quarter of 2020 saw unprecedented and challenging times for clients and our team. As a result of the COVID-19 pandemic, a wave of urgent borrower drawdowns under committed credit lines and an unparalleled volume of lender enquiries were received and processed with speed and efficiency.

As a result, our team worked tirelessly to ensure that liquidity needs were met, and an increased volume of secondary market trades were settled within days. While some processes slowed, there was a resilience in the infrastructure markets. Our team recognized the ability of certain clients and their advisors to close deals and experienced a strong pipeline of new business enquiries and mandates.

In addition, Duff & Phelps acquired the Lucid Group of companies. We are extremely excited to work with our new colleagues across the globe strengthening our ability to provide clients with the highest quality agency and trustee services along with associated restructuring and other debt financing/M&A solutions.

Contact us today for a consultation.

Q1 – 2020 Representative Transaction
Facility & Security Agent
Private Credit | Exponent PE LLP ISIO Acquisition Finance
Escrow & Paying Agent
Infrastructure | First State Investments WEUM/Swedegas
Secured International Notes
2L Facility & Common Security Agent
Private Credit | BC Partners Acquisition Finance Aenova Group
Facility & Security Agent
Private Credit | ROBUR Industry Service Group GmbH Term Loan
Initial Bank Facility & Security Agent
Infrastructure | HS Orka Debt Refinance – TL CapEx & RCF
Second Lien Facility Agent
Private Credit | Ardian Audiotonix Acquisition Financing
Successor Facility & Security Agent
Capital Market Restructuring Deoleo Group 1L & 2L Credit Facilities
Trustee, Paying Agent & Registrar
Private Notes | Moove Africa B.V. Loan Notes Financing
Facility & Security Agent
Ship Financing | EnTrust Global Blue Ocean Funds Vessel
Financing for Two oil tankers
Facility & Security Agent
Private Credit | Boparan Holding Ltd Secured Financing
   



Agency and Trustee Services

Leading experience in syndicated, bi-lateral and direct lending transactions in the bond and loan markets.