"Dentons Advises Webasto Creditors on €1.2 Billion Restructuring Financing Agreement"

**Law Firms Involved in the Transaction:** Global law firm Dentons advised the promissory note loan creditors of automotive supplier Webasto in a recent restructuring financing agreement. **Transaction Overview:** Webasto has encountered several challenges, including global geopolitical crises, reduced demand, intense competition, and a general decline in planning reliability. In response, the company initiated a restructuring program at the end of 2024 to adjust its capacities to the evolving market conditions. The financing agreement extends existing credit lines and promissory note loans totaling approximately €1.2 billion, which includes around €90 million in outstanding loans owed to Dentons’ clients, until the end of 2028. Additionally, it provides for new loans amounting to €200 million, forming the foundation for the operational realignment of the company. A trust model was established to protect the interests of all parties involved, and the main location in Stockdorf near Munich will continue to employ over 2,000 people. **Legal Advisors:** - **Andreas Ziegenhagen** (Lead Partner Restructuring, Berlin/Frankfurt) - **Oliver Dreher** (Lead Partner Banking and Finance, Frankfurt) - **Hans Beyer** (Partner, Restructuring, Frankfurt) - **Philippa Münnich-Winter** (Counsel, Berlin) - **Dr. Detlef Spranger** (Counsel, Berlin) - **Tobias Schröter** (Senior Associate, Düsseldorf) - **Mariam Lomtatidze** (Associate, Berlin) - **Sven Henneke** (Associate, Frankfurt) - **Luis Anton Michalzik** (Project Manager Legal, Frankfurt)

"Dentons Advises Webasto Creditors on €1.2 Billion Restructuring Financing Agreement"

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