Noerr advises banking syndicate led by UniCredit on Hugendubel refinancing

A Noerr team led by Michael Schuhmacher and Martina Buller has advised a banking syndicate headed by UniCredit on the successful refinancing of H. Hugendubel GmbH & Co. KG’s syndicated loan.

The new financing, which has a multi-year term and includes options to extend and increase the facilities, creates a reliable and flexible funding base for the coming years. Hugendubel thus expands its strategic room for manoeuvre and secures the financial foundation for the further development of its business model.

Hugendubel ranks among the best-known German family-owned companies in the book retail sector. In an industry profoundly transformed by digitalisation, e-commerce and changing customer behaviour, the company has continually evolved its business model and has sustainably strengthened its market position.

Noerr regularly advises on complex corporate and syndicated financings, especially on refinancings for mid-cap and family-owned businesses.

Advisors to the banking consortium: Noerr Partnerschaftsgesellschaft mbB

Michael Schuhmacher (partner), Martina Buller (associated partner), Jonas Strubel (associate, all Banking & Finance, Frankfurt)