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Case Study

Prudential Private Capital provided AVI Global Trust with long-term yen financing

AVI Global Trust (“AGT” or the “Company”) is a London-based, investment trust managed by Asset Value Investors. AGT aims to maximize total return over the long-term through an actively managed portfolio of global investments.

Case Study

Prudential Private Capital provided AVI Global Trust with long-term yen financing

AVI Global Trust (“AGT” or the “Company”) is a London-based, investment trust managed by Asset Value Investors. AGT aims to maximize total return over the long-term through an actively managed portfolio of global investments.

At a Glance

Prudential’s relationship with AGT began in 2022, when we closed a ¥4 billion investment. We continued to meet regularly with the Company following the transaction, and in April 2023, we proposed terming out existing drawings on its yen denominated revolving credit facility.

AVI Global Trust decided to partner with us given our ability to provide natural yen, attractive pricing, speed of execution, and a strong, existing relationship, which provided for a smooth and swift transaction. In July 2023, we closed a ¥4.5 billion investment with the Company.

We are proud to continue to partner with AVI Global Trust, and we look forward to supporting the business for the long-term.

Relationship Since 2022
Transaction details:
  • ¥4,500,000,000 Senior Secured Notes
Meet the team
“It has been a pleasure to work with Prudential who have been proactive in providing a solution for our financing needs. Their attention to detail has ensured that this was a smooth process and I thank the team for their hard work.”
Joe Bauernfreund, CEO and CIO AVI Global Trust

The Full Story

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