Press release
Kadenwood Group Advised Andean Precious Metals on a US$40 Million Refinancing
About 20 offers across banks, funds and different instruments for the Canadian-listed gold and silver producer, executed on a three-month timeline.
Vancouver, British Columbia and New York, New York ·
Kadenwood Group acted as debt advisor to Andean Precious Metals, a Canadian-listed gold and silver producer, on a US$40 million refinancing, structured as a senior secured revolving credit facility and executed on a three-month timeline in 2025.
Andean needed capital for debt repayments, and its balance sheet made the cost of funding the first priority. Rather than a single bank financing, Kadenwood Group brought banks, funds and different instruments, including repayment facilities, so the company could compare offers that differed in kind, not only in rate; it had asked for at least two options and received more. Ruben Schwagermann, senior managing director, led the transaction.
"We closed our $40 million credit facility with National Bank in the end. I have a lot of respect for you guys and what you did. You've been one of the best, and I mean it. I think we got something like 20 offers when we did that refinancing, and the way you worked, what you brought in, the different options, everything: I was very impressed. Believe me, I'm a former banker; I've been on your side of the table. I would love to work with you again." said Juan Carlos Sandoval, CFO, Andean Precious Metals.
The full interview and case study: https://kadenwoodcapital.com/reviews/interviews/andean-precious-metals; the firm: https://kadenwoodcapital.com.
About Kadenwood Group
Kadenwood Group is an independent investment group and advisory firm with offices in Vancouver (885 West Georgia Street, 20th Floor) and New York (745 Fifth Avenue, 5th Floor). It invests directly in privately held businesses, control and significant minority, deal by deal, and advises founders, families and sponsors across sell-side M&A, debt and equity capital. Kadenwood Group is the trading name of 1438076 B.C. Ltd. (British Columbia, BC1438076, incorporated 8 September 2023) and Kadenwood Group LLC (Wyoming). Securities transactions are conducted through Enclave Capital LLC in the United States (an SEC-registered broker-dealer, member FINRA and SIPC, CRD No. 22732) and through Parvis Investment Services Inc., a registered exempt market dealer, in Canada. Contact: admin@kadenwoodcapital.com, +1 (778) 200-3398 (Vancouver), +1 (646) 224-6922 (New York).