Hengeler Mueller advises Leoni on first syndicated loan of EUR 750 m

14. June 2018

Leoni, a global provider of energy and data management solutions in the automotive sector and other industries, has, as part of its funding strategy, signed a syndicated loan for the first time. The new credit facility of EUR 750 m with 8 well-known banks has a duration of initially 5 years plus two one-year extension options.

This new syndicated loan serves to provide general corporate purposes. In particular, it broadens Leoni’s financial basis for further organic growth and provides additional scope for M&A transactions. With this step, Leoni has taken advantage of the favourable market conditions and secured highly attractive credit terms for the long term.

Hengeler Mueller comprehensively advised Leoni on the transaction. The Hengeler Mueller team is led by partner Ralph Defren and includes associate Miriam Peter (both Financing, Frankfurt).