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Case Study

Maxam sets up multi-currency Shelf facility with initial loan draw

Headquartered in Spain, Maxam is a leading global civil explosives group founded in 1872 by Alfred Nobel, with sales in more than 60 countries across five continents.

Case Study

Maxam sets up multi-currency Shelf facility with initial loan draw

Headquartered in Spain, Maxam is a leading global civil explosives group founded in 1872 by Alfred Nobel, with sales in more than 60 countries across five continents.

At a Glance

Maxam was looking to diversify its funding profile with a private placement. In May 2024, the Company set up a $225 million multi-currency PGIM Private Shelf facility with an initial draw of €185 million Senior Unsecured Loan.

We are proud to call Maxam a partner and look forward to supporting the business in the years to come.

Relationship Since 2024
Transaction details:
  • $225,000,000 PGIM Private Shelf Facility

    with an initial draw of
  • €185,000,000 Senior Unsecured Loan
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Jose Ortiz headshot
Jose Ortiz
Senior Principal
+34 917 898 242
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Spain & Portugal

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