CORDET: Best Alternative Credit Investor United Kingdom 2021
In the wake of the 2008-09 financial crisis, many smaller mid-market companies felt abandoned by banks and traditional credit providers. With the pandemic, history is repeating — and once again, London-based CORDET has stepped into the breach. It continues to help companies across the United Kingdom and Northern Europe with alternative financing solutions. This includes bespoke schemes for stable companies, financing packages for non-investment grade issuers, and assistance for investors purchasing companies through debt-advisory services. CORDET prides itself on its ability to provide tailored support and flexible financing solutions to new and existing borrowers, with its nimble approach enabling it to remain highly active throughout the pandemic. CORDET typically helps companies with annual revenues lower than €250m and EBITDA between £2m and €15m. It builds strong relationships with its investors and the companies in which it invests. It relies on its diverse and talented team members, drawn from across Europe — many of them with 25 years’ experience, or more, in the field. During the pandemic, CORDET has worked hard to maintain its level of service to customers, despite the challenges presented by repeated lockdowns. And it hasn’t closed its door to new client relationships, either; it has clearly demonstrated its strong commitment to being a “all-weather” investor. In addition to its strong commitment to ESG principles, as reflected in its consistent rating as a signatory to the UN’s Principles for Responsible Investment (UNPRI), CORDET has shown continued support for local communities. For example, it has supported children’s charities and provided more than 400 gifts for children in care. For the second year running, the CFI.co judges are delighted to present CORDET with the award for “Best Alternative Credit Investor (United Kingdom)”.
