Hilco Provides Multi-asset Valuation Services to Time Out Group PLC
Hilco Valuation Services Europe would like congratulate all parties involved in Crestline’s refinancing of Time Out Group Plc as part of an initial €35m facility.
Instructed by Lincoln International, our team provided a valuation of Time Out’s intangible assets, including brand, trade marks, and management agreements, in addition to certain leasehold agreements in order to support the asset-based lend. The facility highlights the opportunities afforded to lenders that recognise the value of intangible assets and their ability to be leveraged as collateral when refinancing. Hilco’s world-class intellectual property and real estate teams were able to work together seamlessly as part of the project to deliver expert valuation advice under a single banner, proving critical in opening up a variety of funding options for Time Out and providing comfort to Crestline.