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SELECTED TRANSACTION DETAILS
HSBC, NatWest Provide $125MM in Credit Facilities for IG Design Group
Monday, June 26, 2023

Lenders/Participants HSBC Bank USA [Lender]
NatWest Bank [Lender]
Structure Asset-Based Revolving Credit Facility
Amount $125.000 Million
Borrower(s) IG Design Group plc
Description The deal was spearheaded by HSBC USA, structured by HSBC USA’s Asset Based Lending team, and supported by HSBC UK, with the bank providing a total of $75 million in funding. The remaining $50 million was provided by NatWest. The new asset-based revolving credit facility will allow Design Group to support its working capital requirements throughout the year and meet customer demand around peak seasonal gifting times.
Industry Consumer Products
Related Tags HSBC




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