North Wind Capital arranges mezzanine financing for Bricks Capital’s Silverstone Hilton refi

London – May 2023: North Wind Capital (“NWC”) in conjunction with Thunder Capital Sàrl, the Luxembourg-regulated securitization vehicle, has arranged a £12.12 million mezzanine loan funded through a single tranche of listed Eurobonds to refinance Bricks Group’s Silverstone Hilton Hotel.

The mezzanine facility was part of a wider refinancing which also included a new senior loan extended by the Merseyside Pension Fund, advised by CBRE Capital Advisors, and junior mezzanine loan, provided by Banor Capital, through its Special Situations Fund 1.

The recently-completed 197-bedroom Hilton Garden Inn Silverstone is on the racing circuit’s Hamilton Straight, with many of its rooms having unrivalled views of the start/finish line and pit lanes. The hotel includes a rooftop bar, restaurant with trackside terrace and a direct-access bridge to the Silverstone Wing, a 125,000 sq ft conference centre.

North Wind Capital continues to grow its private credit business and has a strong pipeline of opportunities in execution.

ENDS