# HIG WhiteHorse provides €73M refinancing and growth capital to Kermel

HIG WhiteHorse arranged a €73 million refinancing package for Kermel, a technical fibre manufacturer for flame and heat resistant clothing. The package includes unitranche and capex facilities to refinance existing debt and provide growth capital for capacity expansion.

- Type: Investment
- Announced: 2021-09-15
- Where: France
- Value: $86.0M (73.0M EUR)
- Status: announced
- Products: polyamide-imide fibres, flame and heat resistant technical fibres
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kermel](https://endata.com/companies/57754.md)
- [HIG WhiteHorse](https://endata.com/companies/57753.md) (investor)

## Sources

- [privateequitywire.co.uk](https://www.privateequitywire.co.uk/hig-whitehorse-refinances-kermel/), 2021-09-15: "HIG WhiteHorse has committed EUR73 million of unitranche and capex facilities to refinance the borrower’s existing indebtedness and provide additional capital to finance the Company’s growth."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.