Company Name
Michelmersh Brick Holdings Plc

Business Activity
Manufacturer of bricks, operators of land fill & development  of commercial property

Litmus Advisory Mandate
Litmus Advisory was retained by Michelmersh Brick Holdings to secure committed loan  facilities in support of their proposed bid for Project Bali

Lender
European bank

Debt Type
Senior term loan facilities

Significant Features
• Competitive public offer situation conducted within a tight timetable
• Restricted  due diligence  assessment due to competitive public offer  process.
• Competitive  auction of  debt facilities, including; senior banks, asset based
   lenders & hedge funds.
• Litmus arranged fully approved & documented facilities within a three-week
   timetable