Equity Raise Operating business
Sportstats Performance
Syndication Active
Special Situations & Operating Companies Equity investment
Convertible Debt Credit
Privately Held Bakery Debt Fund Kentwood, Michigan
- Location
- Kentwood, MI
- Asset type
- Credit
- Strategy
- Special Situations & Operating Companies
- Transaction
- Convertible debt investment
- Category
- Convertible Debt
- Structure
- Syndication
- Status
- Active
Project overview
Project overview: Privately Held Bakery Debt Fund
Convertible debt investment sponsored by Carbon River Capital in a privately held bakery business in West Michigan. The borrower is not named.
The Privately Held Bakery Debt Fund is a convertible debt investment sponsored by Carbon River Capital. It is structured as a syndication. It is a credit position, not a direct holding of property.
The position
Convertible debt is a loan that can convert into an ownership stake under terms agreed at the outset. Until it converts it is repaid like a loan, ahead of the equity holders.
The borrower
The borrower is a privately held bakery business operating in West Michigan. We do not name borrowers.
The Opportunity
A privately held bakery business in West Michigan was expanding its production capacity and looking for capital alongside its senior debt.
Carbon River's Approach
Carbon River Capital sponsored the fund as a convertible debt investment. Convertible debt is a loan that can convert into an ownership stake under terms agreed at the outset.
Related strategy
How this investment fits our strategy
Opportunity takes many forms.
We welcome inquiries from property owners, business owners, brokers, lenders, investment professionals and others interested in learning more about Carbon River Capital.
Whether you are considering the sale of a property, exploring a sale-leaseback or recapitalization, or presenting an investment opportunity, contact our team.