The Paris Debt Finance team advised Bank of Ireland and the Alcentra debt funds on the financing of the acquisition of 2RH Group by Eurazeo PME, which implemented the first first loss / second structure loss mixing bond and bank financing on the French market. The coexistence of first-loss and second-loss financing and committed and uncommitted external growth financing lines were additional elements of complexity in the structure. Founded in 2008 from the Shark brand, 2RH Group designs and manufactures protective gear for motorcycles and winter sports.
Alcentra is a global asset management firm with assets under management of approximately $33 billion. Alcentra is a subsidiary of The Bank of New York Mellon Corporation and is headquartered in London, with offices in New York and Boston.
The Bank of Ireland Group is a diversified Financial Services Group. Bank of Ireland, now a subsidiary of Bank of Ireland Group plc, was established in 1783 by Royal Charter. A traditional, relationship-driven retail and commercial bank with a conservative business philosophy.