Alteri Investors provides secured funding to Basler

8th June 2015

London, 8th June 2015 – Following the announcement by Tempus Capital Fund One SCS that it has acquired Basler Fashion Group ("Basler") and its entire financial debt from the company’s banking consortium, Alteri Investors ("Alteri") announces that it has provided Basler with a new working capital facility as part of the transaction. 

Alteri Partners CEO Gavin George commented, "Having been approached by Tempus, we're delighted that we have been able to provide Basler with a significant working capital facility.  We believe that Alteri’s flexible approach to asset-based financing will continue to be attractive to borrowers across the European retail sector.|"

Contact

Maitland Tom
Eckersley,
Seda Ambartsumian
+44 (0) 207 379 5151

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