The deal was completed with Silver Oak Capital Debt Advisory, for an expatriate client based in Monaco whose asset was held via a British Virgin Islands entity.
The borrowing structure, overseas nature of the case and the requirement to refinance without the need for Assets Under Management (AUM) added complexity.
Pankaj Thukral, CLO at GB Bank (pictured above), commented: “This deal showcases the strength of our international lending capabilities.
- The Finance Professional Show 2025: The Video
- GB Bank delivers £5.4m post-tax profit as balance sheet grows
- GB Bank unveils new broker-focused website
“We were able to understand the client’s position, and remove unnecessary barriers, to deliver a solution that respected the timeline, complexity, and structure of the transaction.
“GB Bank was chosen as the preferred lending partner due to our ability to move quickly, combined with our specialist understanding of expatriate and offshore lending, and our commitment to working collaboratively to deliver the deal within the required timeframe.”
Connor Dooley, senior associate at Silver Oak, said: “Working closely with the GB Bank team ensured a smooth and timely completion despite the cross-border complexities.
“We are grateful for the collaborative mindset and common-sense execution, particularly from Adnan Ali, whose leadership was instrumental in delivering a successful outcome.”
Leave a comment