Heuking Kühn Lüer Wojtek advises Hella on structuring a syndicated loan
A team led by Dr. Christoph Wetzler and Klaus Weinand-Härer of the Frankfurt office of commercial law firm Heuking Kühn Lüer Wojtek advised automotive supplier Hella KGaA Hueck & Co. (Hella), Lippstadt, on structuring a syndicated loan. The loan by an international banking consortium for EUR 450 million has a term of five years with two extension options for one additional year each. The loan is to serve general corporate financing purposes.
Hella, a global family-owned company with more than 30,000 employees at more than 100 locations in over 35 countries, develops and manufactures lighting and electronic components and systems for the automotive industry. With sales of some EUR 5.3 billion (fiscal year 2013/2014), Hella is one of the top 50 automotive parts suppliers in the world.
Counsel to Hella KGaA Hueck & Co.
Heuking Kühn Lüer Wojtek:
Dr. Christoph Wetzler (Banking & Finance, Lead),
Klaus Weinand-Härer (Tax),
Dr. Till Naruisch (Banking & Finance), all Frankfurt