Slaughter and May advised STAR Capital Partners Limited - £50m committed financing facility by Kennet Equipment Leasing Limited
Slaughter and May advised STAR Capital Partners Limited, a leading European fund manager, on the entry into a £50m committed financing facility by Kennet Equipment Leasing Limited (Kennet), its subsidiary, with Commerzbank AG, London Branch. The facility, which is backed by a guarantee from the European Investment Fund, enables Kennet to significantly expand its business of arranging and providing financing to small and medium-sized enterprises in the UK.
Kennet is an asset finance broker and equipment finance provider to small and medium-sized enterprises.