Hengeler Mueller advises GAGFAH on Refinancing of Gagfah
21. June 2013
Hengeler Mueller advised several entities of the GAGFAH-Group on the refinancing of a securitized residential real estate loan (German Residential Funding – GRF). The new loan, arranged by Goldman Sachs and Bank of America Merrill Lynch, has a term of 5 years und a volume of approximately EUR 2 bn and was granted by the securitization vehicle German Residential Funding 2013-1 which refinances on the capital market. Hengeler Mueller advised GAGFAH-Group on the structuring of the transaction, Due Diligence and contract negotiations.
The Hengeler Mueller team was led by partner Daniel Kress (Real Estate/Financing, London) and included partners Ulrich Blech, Kai-Steffen Scholz (both Corporate, Berlin) and Jan Bonhage (Public Law, Berlin) as well as associates Heiko Gotsche, Katja Scharkowski, Zahra Rahvar, Karsten Hohmann (all London), Thomas Göcke, Karolin Hiller and Marc Roberts (Berlin).