Arranged a new debt facility for up to £300 million and proposed a £150 million share buyback programme Carlton provided corporate finance advisory services to Benfield Group Limited in connection with its capital structure December 2007

 

Benfield Group Limited (“Benfield”) has arranged a new debt facility for up to £300 million with Bank of Scotland, Barclays Capital and Lloyds TSB Corporate Markets. The Company proposes to apply up to £150 million to fund a share buyback programme over the next two years.

Benfield provides insurance and reinsurance intermediary, risk advisory, and related services. Benfield is listed on the London Stock Exchange and has a market capitalisation of approximately £600 million.