Amsterdam, 19th of May 2025 – Momentum Global Ventures today successfully completed refinancings totalling €100 million, a process announced within the group on 12 December 2024. These refinancings represent about a third of the total financings within the group and is an important step in strengthening the company’s financial and strategic position.
Details of the refinancings
Interest rate: from 7.2%
Duration: up to 9 years, with an average maturity of 5 years
Result: optimisation of the financing structure and strengthening of the liquidity position.
These refinancings offer Momentum Global Ventures the flexibility to realise staggered exits and implement the exit planning of its holdings under favourable conditions.
Impact on Ventures and Exit Planning
The refinancing supports the exit planning of the participations, enabling staggered divestments on favourable terms. For ventures such as Momentum Leisure, this means they will have room for further growth without immediate repayment of loans provided by Momentum Global Ventures.
Additional Liquidity
In addition to the refinancings, Momentum Global Ventures announced on Monday 12 May to partially sell up to €50 million of receivables from various holdings. This move strengthens the group’s liquidity position without burdening the ventures, as the underlying ventures will not have to repay their receivables and no shares will be sold in the ventures that Momentum intends to retain.
The proceeds from the sale of the various receivables are partly used to meet tax obligations arising from transactions and partly for so-called pre-exit investments: additional investments in ventures such as Perpetual Next, SunLED and Seaborough, to strengthen their position ahead of a planned exit.
Exception: Brazilian Investments
An exception to this strategy are MEFI’s Brazilian participations in area developer Urbania. In this case, there is debt collection, as there is a phased sale of the participations. The first partial exit within MEFI’s participations has now been realised, following an earlier audit by KPMG and a valuation by Mazars.
