Sienna announces the launch of a private credit corporate financing strategy focused on European defence-related SMEs and mid caps
In response to the current geopolitical backdrop calling for a massive financing effort in support of European sovereignty, Sienna announces the launch of a European private credit financing strategy, Sienna Héphaïstos, in reference to Hephaestus, the Greek god of blacksmiths. This strategy and its corresponding fund vehicle will support European SMEs and Mid-caps in the defence sector. It aims to raise between €500 million and €1 billion from investors chiefly in Europe. This new strategy benefits from Sienna’s longstanding experience in financing Europe’s mid-market companies.
In the context of a challenging, fragmented supply chain structure, suppliers to Europe’s major industrial groups are facing increased financing needs in order to keep up with the recent uptick in production. Sienna provides a secure source of financing tailored to the specific needs of defence SMEs and Mid-caps, such as modernising their production lines and accelerating their production, as well as funding external or organic growth projects, with a strong focus on France, Italy, and Germany.
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