Prior to launch of syndication BNP Paribas and CADIF both joined. In syndication the leads were joined by Banque Palatine, Compagnie Financière du Credit Mutuel, IKB Deutsche Industriebank, Montepaschi Banque, Natixis and SG CIB.
Debt is structured as a €23m seven-year term loan A1, a €25.2m seven-year term loan A2, a €9m eight-year term loan B1, a €11.7m eight-year term loan B2, a €10m seven-year revolver, a €13m seven-year Capex line and a €45m seven-year borrowing base facility that was not offered in syndication.
Industri Kapital bought-out IDEX Groupe in 2004. ISS Energie was previously held by ISS Global through ISS Holding France. The combined group will be an independent energy and environment services provider offering services such as the management of collective heating and cooling networks (public and private) as well as the technical maintenance of buildings and third-party management of utilities.