Cavendish is pleased to have advised MML on raising new debt facilities from NatWest Bank to support its minority investment in RSBP Group.

RSBP Group is a UK market-leading B2B manufacturer and distributor of washroom solutions, providing end-to-end services from specification and design through to manufacturing, delivery and after-sales support. The new debt facilities from NatWest were used to support MML’s investment, refinance existing debt and provide additional headroom for future working capital needs. This financing structure provides a strong platform and enhanced liquidity to enable RSBP Group’s continued growth in the years ahead.

“It was a pleasure to support MML on the financing for its investment in RSBP Group. NatWest differentiated themselves early in the process and delivered an attractively priced and efficiently structured debt package, reflecting the quality of the RSBP Group business and the strength of MML’s investment thesis. We look forward to working with MML and RSBP Group throughout its next phase of growth.”

Alistair Hay, Partner & Head of Cavendish Debt Advisory