Law firm Stephenson Harwood LLP has advised AURELIUS Finance Company (AFC) on a £5 million senior secured term loan facility to Aeromet International Limited (AIL), an aerospace and defence manufacturing supplier.
AFC is an alternative lender, which provides debt solutions to UK and European companies. AIL supplies aluminium and magnesium castings across the UK, Europe, the USA and Asia, with clients including Airbus, Rolls-Royce and Boeing. The bespoke loan facility will enable AIL to meet its current and ongoing working capital needs, as well as help to expand the business.
The Stephenson Harwood team was led by finance partner Don Brown, who was supported by associates Andrew Rabet and Jan Nedvídek.