Houlihan Lokey Advises AustroCel Hallein

Houlihan Lokey is pleased to announce that AustroCel Hallein GmbH (AustroCel), a portfolio company of TowerBrook Capital Partners LLP (TCP), has successfully raised additional debt financing to support the construction of a new bioethanol plant. As part of the transaction, AustroCel also amended its existing credit facilities.

AustroCel Hallein produces high-quality softwood dissolving wood pulp, a key raw material used in the manufacture of viscose staple fibre which is in turn used as the basis of viscose textiles.

TCP is an investment management firm headquartered in London and New York City that seeks to invest in large and mid-market companies, principally on a proprietary basis and often in situations characterised by complexity.

Houlihan Lokey acted as the exclusive financing advisor to AustroCel and TCP and ran an accelerated process to arrange, structure, and negotiate the financing backing the construction of the new bioethanol plant.