Channel facilitates $150m financing for global diamond dealer Rosy Blue

Hilmar Hauer, Head of Debt Products at Channel
Hilmar Hauer, Head of Debt Products at Channel

Channel Capital Advisors LLP (Channel) has facilitated a $150m for Rosy Blue, a diamond dealer and manufacturer based in Antwerp, Belgium. Channel provided cash and program management services and helped with the structuring and placement of this transaction.

What does the funding mean for Rosy Blue?

The finance was delivered alongside leading firms, like a global US investment banking firm, global insurers, legal advisors, and others. This extends a facility previously arranged by Channel in 2018 for 4 years with a similar group of global institutional investors. Rosy Blue Rosy Blue is one of the largest diamond manufacturers. They are active in nearly every area of the diamond industry, from rough-cutting and polishing to import, export and wholesaling.

Hilmar Hauer, Head of Debt Products at Channel, said: “This was a vital transaction for Rosy Blue, allowing them to obtain term funding while also keeping funding sources diversified across the institutional capital markets. We are pleased to have closed this transaction with top global investors, despite the increasingly challenging finance market conditions recently.”

“The deal follows a series of notable transactions for Channel in the diamond industry, further solidifying our track record of experience in facilitating greater financing opportunities in the sector. We look forward to continuing to build our partnership with Rosy Blue.”