Transaction

Herter & Co. advises TRILUX Group on the Refinancing and Extension of its Debt Facilities

December 19th, 2014

Herter & Co. advises TRILUX GmbH & Co. KG and its subsidiaries on the early refinancing of its debt facilities via a new syndicated loan with a maturity of five years.

The new facility has been used to refinance TRILUX’s prior syndicated loan, its outstanding borrower’s note loans (“Schuldscheindarlehen) as well as bilateral facilities. Thanks to this consolidation, the financing structure has been significantly streamlined and simplified. The new financing consortium includes existing as well as new partner banks.

“The new financing ensures TRILUX Group’s future growth on attractive terms. Furthermore it simplifies the structure of our banking relationships. The new facility provides the necessary financial flexibility to finance profitable growth and expand our market leadership in Germany as well as our leading position in Europe. Herter & Co. has structured and supported the whole process with expert professionalism.” said Michael Huber, fully authorized representative of TRILUX Group.

TRILUX Group, headquartered in Arnsberg (Germany), together with its national and international subsidiaries is a leading European provider of lighting solutions.