Private Credit
Leverage on our terms.
Structured credit for the group’s own capital needs. The benefits of leverage without external dependency.
Approach
Internal by design.
The group structures its own credit rather than borrowing from banks. Our operating businesses and real assets provide the collateral. Our cash flows service the debt. No external covenants reshaping our strategy.
Leverage is added when it strengthens the capital structure and removed when it doesn’t. The decision is ours, not a credit committee’s.
Structure
Internal group credit
Collateral
Operating businesses & real assets
Covenants
Self-imposed
Purpose
Capital structure optimisation
Discipline
No bank dependency. No external conditions.
Every credit facility within the group is structured against real assets and real cash flows. Leverage amplifies a clear thesis or it is not used.
The discipline is the same as everywhere else in the group: act when it makes the structure stronger, wait when it doesn’t.
Leverage
Conservative, deliberate
Terms
Internally structured
Timing
Thesis-driven
Constraint
Cash flow coverage
When the time
is right.
General Inquiries
info@carthagoholdings.com
Location
35-37 avenue de la Liberté
L-1931 Luxembourg
L-1931 Luxembourg