Intertrust Group has been appointed by MetLife Investment Management to facilitate a £117.5 million loan package to the English Football League.
As part of the mandate, Intertrust Group will provide MetLife Investment Management with security and facility agent services to provide this funding commitment designed to strengthen the league’s support of its Championship Club.
Following a competitive tender, Intertrust Group was appointed based on its track record in supporting finance transactions in the football sector and the firm’s capability to provide a full suite of services across its business lines.
Cliff Pearce, global head of capital markets at Intertrust Group, says: “We are delighted to have supported this finance transaction on behalf of MetLife Investment Management by bringing our continued dedication and market expertise to the football finance sector.”
“At Intertrust Group, we pride ourselves on being one of the leading custodians of this asset class. We are true ambassadors to the sports industry as a whole and continue to service it with our bespoke offering and excellence in client service.”
Earlier this month, Intertrust was appointed as fund administrator and depositary to European private equity firm KLAR Partners.
