Bain Capital, a global private investment firm, has launched a joint venture with bookrunner SMBC to establish a new European loan platform providing up to €1.5bn in senior secured credit to corporate borrowers across Europe and the UK. The platform is structured as a co-governed credit vehicle, combining SMBC’s pan-European leveraged finance origination and structuring experience with Bain Capital’s underwriting and asset management capabilities.
Leveraging SMBC’s position as an arranger of leveraged finance transactions, the platform benefits from access to primary deal flow in the syndicated loan market. The initiative brings together Bain Capital’s Special Situations and Credit businesses and reflects the firm’s focus on scalable, cycle-aware capital solutions.
The platform will target financing for sponsor-backed European companies across a diversified set of industries, with a focus on opportunities in the broadly syndicated loan market.
