Desenio puts private credit in frame as bond maturity looms
- Josie Shillito
- +Fin Strathern
Desenio Group AB, a Swedish wall art provider, is working with private credit funds on financing to save the company from an upcoming 1.1bn SEK (€94m) bond maturity wall, according to 9fin sources.
The business — which charted a remarkable growth story during the pandemic under sponsor Verdane Capital’s wing — has been locked in a downward spiral since its February 2021 IPO.