Hengeler Mueller advises Grammer AG on refinancing by certificate of indebtedness

12. June 2013

Grammer AG (Amberg), a leading supplier of automotive interior and seating systems, has issued loans evidenced by certificate of indebtedness (Schuldscheindarlehen) in the amount of EUR 90 m which is divided into tranches of 4 and 6 years as well as fixed and variable interest rate tranches. Grammer AG is refinancing an existing loan evidenced by certificate of indebtedness of 2006 prior to maturity in August with part of the issuing proceeds.

Hengeler Mueller advised Grammer AG on the loan evidenced by certificate of indebtedness. The Hengeler Mueller team was led by partner Ralph Defren (Banking and Finance, Frankfurt).