Herter & Co. – Teneo Capital Advisory – Advises Standard Profil Automotive GmbH on Successful Financial Restructuring and Completion of its Scheme of Arrangement
Eschborn, 10 November 2025 – Herter & Co. – Teneo Capital Advisory acted as exclusive financial advisor to Standard Profil Automotive GmbH (“Standard Profil”, the “Company”) in connection with the successful completion of its comprehensive financial restructuring, implemented through a Scheme of Arrangement under Part 26 of the UK Companies Act 2006.
The restructuring marks a major milestone in Standard Profil’s financial stabilization process initiated in late 2024 and ensures a sustainable long-term capital structure for the global automotive supplier. The transaction includes primarily the issuance of €145 million of Supe Senior New Money Notes to support liquidity and the reinstatement of €83 million Senior Secured Notes. In addition, the company may choose to receive additional €14.4 million straight equity funding and a €5 million Super Super Senior facility, which are fully backstopped by members of the ad-hoc group of bondholders (“AHG”).
Herter & Co. – Teneo Capital Advisory advised Standard Profil throughout its entire debt restructuring process and coordinated closely with the Company’s legal advisors as well as the AHG and their advisors to facilitate an implementation of the restructuring.
About Standard Profil
Standard Profil Automotive GmbH is a leading global manufacturer of sealing systems for the automotive industry, headquartered in Eschborn, Germany. The Company operates across Europe, Asia, North Africa, and the Americas, supplying premium OEMs with innovative sealing solutions.