Luther advises Trimet Group in connection with the refinancing of a EUR 120 million syndicated loan

With this transaction, the Trimet Group was able to secure a long-term financial security on attractive terms and conditions in due time before the syndicated loan taken out in 2013 matures.

The newly signed syndicated loan was structured under the leadership of four German and international banks. The nine previous consortium banks will continue to provide the loan which will have a term of up to five years.

At the same time, other bilateral financing agreements were adapted with a view to the new syndicated loan.

With headquarters in Essen, Trimet is the largest producer of aluminum in Germany. In the last fiscal year, the Group generated over EUR 1.7 billion in sales with 2,900 employees.

Luther worked on this transaction in close cooperation with the Herter & Co. consultant team who advised Trimet as sole debt adviser.

Only in June of this year, a team of lawyers led by Christoph Schauenburg advised the financing banks in connection with the acquisition financing of the purchase of HLS Engineering Group from KUKA Group by Aheim Capital and TerVia Invest.

For Trimet

Luther Rechtsanwaltsgesellschaft, Banking and Capital Markets: Christoph Schauenburg (Lead Partner), Torsten Limberg (both Frankfurt/Main)

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