Recent Deals

Aenova (Swiss Caps & Dragenopharm)
Aenova is one of the leading contract manufacturers of capsules and tablets for the OTC, nutritional supplements and generics market in Europe with headquarters in Germany and Switzerland. The group was created by the merger of Swiss Caps and Dragenopharm in March 2008, which were acquired in MBOs in 2005 and 2007 by Bridgepoint respectively. Bank of Scotland arranged and underwrote the acquisition debt package of €200m of senior debt and €35m of mezzanine.

Apcoa Parking Holdings
Apcoa is a German headquartered operator and manager of car parks, with leading market positions across its thirteen European geographies. Bank of Scotland was one of three MLAs supporting the acquisition of the Company by Eurazeo, providing senior debt facilities of €660m. The financing package was one of the first to adopt the infrastructure finance/leverage finance "hybrid" approach, utilising expertise across both product groups. A successful syndication was closed in May 2007.

FirstCity
Bank of Scotland Frankfurt arranged and provided a debt package for the financing of HMCS-GEN, a UK investment trust, created for the acquisition of a portfolio of sub/non-performing loans being sold by a group of insurance companies in Germany. The investors in the trust included among others FirstCity International Corporation and MCS et Associes, SA. FirstCity International and its parent company FirstCity Financial Corporation (NASDAQ: FCFC) has been a Bank of Scotland customer for over 11 years, and has been buyer of loan portfolios since 1986. FirstCity along with its affiliates has operations in the US, Europe and Latin America and are currently managing more than 50,000 loans and assets.
The portfolio financed by Bank of Scotland Frankfurt and acquired by HMCS-GEN was comprised of several hundred relationships and consisting primarily of residential and commercial real estate loans with a face value of approximately 120 million euros. No further details of the deal/debt structure were disclosed.

Via Solutions Thüringen
Via Solutions Thüringen is a PPP infrastructure finance transaction (German "A-model" scheme). The project scope includes upgrading, relocating and operating of a 44 kms motorway section of the A4 motorway between Eisenach and Gotha in the German state of Thuringia under a 30 years Concession. The Concession has been awarded by the tendering Authority to BoS key clients Hochtief and Vinci. Bank of Scotland, Dexia and EIB structured and provided the circa €280m Debt package for this transaction.

Niederlassung Frankfurt, Registergericht: Amtsgericht Frankfurt am Main, HRB 45349 – Ust-IdNr.: DE190394248. Leiter der Niederlassung: Dietrich Stoltenburg, Paul Cowan.