Ashurst has played a pivotal role in advising Faktus on the establishment of the Fonds Commun de Titrisation (FCT) Faktus Financement. This new fund is designed to provide customized financing solutions specifically for companies operating in the construction and services sectors. With the launch of this innovative FCT, Faktus aims to enhance its ability to mobilize additional financial resources, thereby supporting the growth of its clients.
This newly established FCT seeks to facilitate access to alternative financing options, allowing companies to optimize their cash flow management. The fund will provide loans to borrowers, which are secured by the assignment of receivables. This structure not only helps clients manage their financial obligations but also positions them for sustainable growth.
Legal and Regulatory Framework
Ashurst’s involvement in this transaction encompassed a comprehensive range of legal and regulatory aspects related to the fund’s structuring. The team focused on negotiating contractual documentation, ensuring compliance with applicable regulations, and coordinating with various stakeholders involved in the transaction. These included the management company, investors, and financial partners who are crucial to the fund’s success.
Leading the Ashurst team was Agathe Motte, a partner with expertise in structured finance, alongside Aurélien Fournier, counsel in the same field. Their combined efforts were instrumental in navigating the complexities of the transaction.
Faktus’s initiative to launch this fund is part of a broader strategy to offer innovative financing solutions tailored to the needs of companies in cash-intensive industries. By doing so, Faktus aims to empower its clients, providing them with the financial flexibility necessary to thrive in a competitive environment.
This transaction reflects a growing trend in the financial sector, emphasizing the importance of alternative financing solutions. As companies face increasing demands for liquidity, the role of funds like the FCT Faktus Financement becomes increasingly relevant.
With the successful launch of this fund, Faktus is well-positioned to make a significant impact on the financial landscape for construction and services businesses, further solidifying its commitment to supporting client growth through innovative financial mechanisms.
