DC Advisory advises Chane on its €1.3bn debt refinancing
Background
- Chane is one of the leading independent bulk storage operators in Europe, specializing in storage solutions for a diverse range of liquid bulk products, in addition to distillation and ancillary services
- Chane operates a high-quality portfolio of 21 terminals across Europe with a total capacity of 5.4m cbm, and a key strategic presence in the major international trade hubs of Rotterdam and Amsterdam, as well as in France, Spain, Portugal, the United Kingdom and Poland
- Chane stores a diversified mix of products including biofuels, edible oils, chemicals and mineral fuels
- Chane has also strategically grown its sustainable fuels offering to support their customers’ evolving supply chains as they prepare for the energy transition
Process
- DC Advisory was appointed as sole financial advisor by Chane to support its debt refinancing to simplify and optimize their capital structure
- DC Advisory led the refinancing process, which involved multiple detailed workstreams including financial modelling, ratings advisory, due diligence, debt structuring, hedging and documentation negotiation
- DC Advisory ran a comprehensive financing process, engaging various sources of liquidity in the bank and institutional markets
Outcome
- In August 2025, Chane raised a total of c.€1.3bn equivalent, streamlining and optimizing their capital structure
- The financing is underpinned by an investment grade rating, with the new facilities secured across a diversified range of tenors from both bank and institutional lenders
- The financing package also includes a flexible revolving credit facility to support Chane’s future growth
- This transaction reinforces DC Advisory’s track record in the midstream storage sector and further demonstrates DC Advisory’s expertise in advising on complex refinancings
“We are delighted with the outcome of the refinancing process, which was led expertly throughout by DC Advisory. Securing our investment grade rating as well as introducing new banks and institutions alongside our existing relationship lenders puts us in a strong position as we continue to execute on our growth ambitions within the European liquid bulk storage market. DC Advisory’s guidance and expertise through the process was critical and delivered a great result for Chane.”
Date
Sectors
- Infrastructure
Deal type
- Debt Advisory & Restructuring
Deal locations
Deal team
Co-Head of DC Advisory’s Global Infrastructure Group
Managing Director
UN SDG Activity
Actions
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