Hengeler Mueller advises freenet AG on group refinancing
06. May 2011
Hengeler Mueller has advised freenet AG in connection with a comprehensive refinancing that included the conclusion of a EUR 340 m syndicated loan and the issuance of a EUR 400 m five-year bond under German law. Based on total funds of EUR 740 m, freenet AG has fully repaid its existing financing assumed in connection with the acquisition of the debitel Group and improved considerably the maturity structure of its group financing.
The Hengeler Mueller team included partners Stefan Richter (Berlin), Hendrik Haag, Thomas O. Cron and Martin Klein (all Frankfurt), associates Moritz Gröning (Berlin), Jan Penselin and Nikolaus Vieten (both Frankfurt) as well as Raik Petermann (Documentation, Frankfurt).