Noerr advises SAF-HOLLAND on taking up a promissory note loan for €200m

Noerr has advised the SDAX company SAF-HOLLAND S.A. on taking up a promissory note loan for €200m. The Noerr team was led by the Noerr partners Dr. Martin Kleinschmitt and Dr. Nikolai Warneke.

The promissory note loan was placed with institutional investors in Germany and abroad. It was arranged by a banking consortium consisting of Commerzbank Aktiengesellschaft, HSBC Trinkaus & Burkhardt AG, IKB Deutsche Industriebank AG and UniCredit Bank AG.

For financing and capital market transactions, SAF-HOLLAND regularly relies on the legal advice from Noerr. In October, a team led by Martin Kleinschmitt and Nikolai Warneke also legally advised the group on refinancing its credit lines with a banking consortium. The Banking & Finance group of Noerr consists of more than 20 experts and advises companies, banks, insurers, pension funds and financial service providers comprehensively on their financing. The clients of the practice group include Bayerische Versorgungskammer, Deutsche Bank, Deutsche Postbank, Fresenius Medical Care and INEOS.

Advisors to SAF-HOLLAND S.A.: Noerr LLP

Dr. Martin Kleinschmitt (Berlin), Dr. Nikolai Warneke (joint lead), Andreas Naujoks, Associate: Dr. Torsten Wehrhahn (all Financing, all Frankfurt)