With a Frankfurt-based team led by partner Thomas K. Schrell, the business law firm of Heuking Kühn Lüer Wojtek advised R+S group, headquartered in Fulda, on refinancing its existing EUR 100 million syndicated loan.
Heuking Kühn Lüer Wojtek supported the group comprehensively on structuring, negotiating, and implementing the entire financing documentation.
The banking syndicate consists of LBBW Rheinland-Pfalz Bank, NORD/LB, Südwestbank AG, Commerzbank AG, Deutsche Postbank AG, IKB Deutsche Industriebank AG, and Sparkasse Fulda. The credit lines have a term of five years, with a two-time extension option of one year each. In addition to redeeming and refinancing existing bank liabilities, the funding is intended to finance the group's general working capital requirements and the planned further growth in the coming years.
R+S solutions Holding AG is an internationally operating group with more than 3,700 employees and focuses on building technology.
Counsel to R+S solutions Holding AG
Heuking Kühn Lüer Wojtek:
Thomas K. Schrell,
Anja Harms, both Frankfurt am Main