Nectar Capital announces that via its managed credit fund, Nectar Global Credit Opportunities, it has completed a multi-million dollar structured debt facility for Grupo4Blue, headquartered in Tulum, Mexico.
Grupo4Blue is known primarily for its ownership and operation of the Zamna music venue and festivals that take place in its beautiful location in Tulum, Mexico, In January each year, Zamna becomes center of the world for electronic music. Founded by Italian entrepreneur Enzo Mazza, the profitable group also operates successful hotels, beach restaurants, real estate development operations, a global luxury concierge business “Mr Nice”, and popular beachfront wedding venues. The group is expanding its successful music festival operations to Costa Rica in January 2022 with the launch of the “Horyzon” music event in Guanacaste.
Scott Rudmann, Managing Partner of Nectar Capital LLP said “We are delighted to provide credit finance to Grupo4Blue as they have a long track record of delivering uncompromising quality in their real estate, events, and hospitality businesses, they are the clearly market leader in Tulum, and they have a solid track record of profitable operations. They are expanding quickly, and we are glad to build on our long relationship with the group to assist in its rapid growth.
As a firm, Nectar has many decades of experience in the real estate, entertainment, and hospitality sectors, plus we have exceptional execution capabilities in Mexico and Iberia, unique credit structuring skills, and asset securitisation capabilities that allow our fund investors to access notable investment returns within a secured lending structure.”
Enzo Mazza, CEO and founder of Grupo4Blue said “We are glad to work with Nectar and close this credit facility The Nectar team worked remarkably fast and completed a full diligence, created a credit facility customised for our business needs, and completed the transaction with great efficiency. We look forward to a long a prosperous relationship with Nectar and most importantly, to the continued profitable growth of our business.”