Herter & Co. advised private equity firm Silverfleet Capital on the financing of its acquisition of 7days group (“7days”), a leading designer, manufacturer and supplier of medical workwear.
Herter & Co. coordinated an all-senior financing package provided by a bank club consisting of existing and new lenders. Completion is subject to regulatory approval
[more] Herter & Co. advises Silverfleet Capital on the financing of the acquisition of 7days group
Herter & Co. advises Westfälische Drahtindustrie GmbH („WDI“) on the refinancing of its debt facilities via a new syndicated loan with a maturity of 3+1+1 years.
The new financing with a total volume of €70m includes a revolving credit facility as well as an amortizing term loan. In addition to existing lenders, new partner banks have been included in the newly formed consortium.[more] Herter & Co. advises Westfälische Drahtindustrie GmbH on the Refinancing of its Debt Facilities
Herter & Co. advised private equity group Trilantic Europe on the financing of its acquisition of Oberberg Group (“Oberberg”), a leading operator of psychotherapy, psychiatry and psychosomatic acute clinics in Germany with a focus on treatments of depression and addictions.
Herter & Co. coordinated a financing package of more than €100m underwritten by a bank consortium. Closing and syndication of the financing are expected to take place before year end.
[more] Herter & Co. advises Trilantic Europe on the financing of the acquisition of Oberberg Group
Herter & Co. has advised VDM Metals Group ("VDM Metals"), one of the leading producers of nickel alloys headquartered in Werdohl on the refinancing of its existing financing facility.
The new financing package consists of an unsecured revolving credit facility, a term loan, as well as a newly introduced factoring program for a total volume of €280m. The €150m revolving credit facility is provided by a bank consortium including DEUTSCHE BANK AG, UNICREDIT BANK AG (both Bookrunner), HSBC TRINKAUS & BURKHARDT AG, LANDESBANK BADEN-WÜRTTEMBERG and LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE. The factoring facility is made available by POSTBANK, while IKB DEUTSCHE INDUSTRIEBANK AG has provided the term loan.[more] Herter & Co. advises VDM Group on comprehensive realignment of its financing structure
Herter & Co. has advised Schleich Holding GmbH (“Schleich”) an Ardian portfolio Company, on the refinancing and increase of its existing LBO facilities and a partial repayment of shareholder loan notes to the respective shareholders. Schleich is a toy manufacturer based in Southern Germany and was acquired in 2014 by funds advised by Ardian.[more] Herter & Co. advises Schleich on the refinancing of existing LBO facilities