Thomas K. Schrell, Partner, and Anja Harms, Lawyer, of the commercial law firm of Heuking Kühn Lüer Wojtek advised Arnsberg-based Trilux Group on the refinancing of existing liabilities by structuring a syndicated loan with a maturity of 5 years. The transaction volume was not disclosed.
Heuking Kühn Lüer Wojtek supported Trilux Group comprehensively on the structuring, negotiation, and implementation of the entire refinancing scheme.
In addition to an existing syndicated loan, notes and bilateral credit lines were also refinanced, thus reducing the number of lenders and streamlining the financing structure. Both existing and new financing partners were gained for the new lender consortium.
At more than 5,000 employees and revenue of EUR 518 million (2013), Trilux Group is a market leader in lighting solutions.
Counsel to Trilux Group
Heuking Kühn Lüer Wojtek:
Thomas K. Schrell (Lead),
Anja Harms (both Finance), both Frankfurt