PCS2 to act as sole lender to RSK Group15 June 2015
Permira Debt Managers (“PDM”), the debt management and advisory arm of Permira and one of Europe’s leading specialist debt investors, today announces that direct lending fund Permira Credit Solutions II will act as sole lender to RSK Group to support its continued international expansion.
£33m long-term investment loan provided and arranged by Permira Credit Solutions II (PCS2) will be used to convert existing amortising debt into a flexible bullet repayment loan and provide additional funding to enable the business to continue its growth into new markets across the UK, mainland Europe and the Middle East.
RSK Group advises clients in the energy, infrastructure, oil & gas and construction sectors on how to manage their land and property assets both cost effectively and in compliance with regulations on health, safety and environmental issues. It was established in 1989 and now has over 1,000 employees and offices in over 20 countries.