{"id":42094,"date":"2026-10-06T14:37:12","date_gmt":"2026-10-06T13:37:12","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&#038;p=42094"},"modified":"2026-10-06T14:37:14","modified_gmt":"2026-10-06T13:37:14","slug":"prova-debt-advisory","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/it\/ib-transaction\/prova-debt-advisory\/","title":{"rendered":"Alantra advises PROVA on \u20ac77mn financing package"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Paris &#8211;<\/strong> Alantra has advised PROVA, a French family-owned company founded in 1946 and headquartered in the Paris region, on a \u20ac77mn financing package arranged with a group of six banks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The financing comprises a 6-year amortizing Term Loan A, a 7-year bullet Term Loan B, a capex &amp; acquisition facility as well as a revolving credit facility. The proceeds will be used to refinance existing debt and support PROVA\u2019s operational investment plan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The financing was placed with Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, LCL, BRED, BNP Paribas, Caisse d\u2019Epargne \u00cele-de-France and Cr\u00e9dit Agricole Centre Loire. Soci\u00e9t\u00e9 G\u00e9n\u00e9rale acted as facilities agent, with all six banks acting as co-arrangers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction was significantly oversubscribed and concluded at competitive margins, reflecting the quality of PROVA\u2019s credit profile and strong demand from the banking market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Founded in 1946 and based in the Paris region, PROVA is a French family-owned company specialized in sweet brown extracts and flavors, primarily vanilla and cocoa. The group employs nearly 500 people world-wide, operates through five sites in France, and generates around 80% of its revenue internationally.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.alantra.com\/team-member\/pierre-louis-nahon\/\">Pierre-Louis Nahon<\/a>, Managing Partner at Alantra, said: \u201cWe are pleased to have supported PROVA in structuring a long-term financing package aligned with its refinancing needs and operational investment plan. The strong response from the banking market reflects the quality of the group\u2019s credit profile and the clarity of its industrial growth strategy.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This transaction further reinforces Alantra\u2019s debt advisory capabilities in France. Recent mandates include advising <a href=\"https:\/\/www.alantra.com\/ib-transaction\/nasta-pet-food-debt-advisory-debt-refinancing-firsmate-pet-foods\/\">Nasta Petfood<\/a> on a \u20ac118mn unitranche supporting its refinancing and acquisition of FirstMate Pet Foods in Canada, <a href=\"https:\/\/www.alantra.com\/ib-transaction\/groupe-factoria-smb-debt-advisory-debt-refinancing\/\">Groupe Factoria-SMB<\/a> (DocuNext) on the \u20ac177mn refinancing &nbsp;and <a href=\"https:\/\/www.alantra.com\/ib-transaction\/feuvert-debt-advisory\/\">Feu Vert<\/a> &nbsp;as part of company disposal to Bassac.<\/p>\n\n\n    <div class=\"button--block \">\n        <div class=\"button--block_box\">\n                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/our-sectors\/consumer-goods-retail\/\" class=\"btn\" target=\"_blank\">View Consumer Goods &amp; Retail <span class=\"btn__arrow\"><\/span><\/a>\n                                                                                <a href=\"https:\/\/www.alantra.com\/global-presence\/france-investment-banking\/\" class=\"btn\" target=\"_blank\">View France <span class=\"btn__arrow\"><\/span><\/a>\n                                    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paris &#8211; Alantra has advised PROVA, a French family-owned company founded in 1946 and headquartered in the Paris region, on a \u20ac77mn financing package arranged with a group of six banks. The financing comprises a 6-year amortizing Term Loan A, a 7-year bullet Term Loan B, a capex &amp; acquisition facility as well as a [&hellip;]<\/p>\n","protected":false},"featured_media":42096,"parent":0,"template":"","meta":{"_acf_changed":true},"country":[23],"ib-service":[97],"sector":[48],"subsector":[211],"class_list":["post-42094","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-france","ib-service-debt-advisory","sector-consumer-goods-retail","subsector-food-beverage"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-transaction\/42094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/media\/42096"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/media?parent=42094"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/country?post=42094"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/ib-service?post=42094"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/sector?post=42094"},{"taxonomy":"subsector","embeddable":true,"href":"https:\/\/www.alantra.com\/it\/wp-json\/wp\/v2\/subsector?post=42094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}