Hengeler Mueller advises bank syndicate on refinancing of Daimler
26. July 2018
Daimler AG concluded a syndicated credit line with a consortium of more than 40 banks from Europe, Asia and America in an amount of EUR 11 bn. The credit line has a term of five years with two extension options. Upon signing this agreement, Daimler terminated the existing EUR 9 bn syndicated credit line ahead of schedule.
Hengeler Mueller advised the financing banks on this transaction. The Hengeler Mueller team included partner Johannes Tieves and associate Henning Hilke (both Financing, Frankfurt).