Dentons Advises UniCredit on US$1.1 Billion Revolving Credit Facility for Neumann Gruppe

Dentons represented UniCredit as documentation agent, and Zurich-based law firm Homburger advised on Swiss law, in connection with a US$1.1 billion revolving credit facility with a borrowing-base reference for Neumann Gruppe GmbH. The transaction comprised a US$1.1 billion revolving credit facility for Neumann Gruppe, a global coffee wholesaler. UniCredit and ING jointly acted as bookrunners and mandated lead arrangers and an international banking consortium of sixteen additional syndicate banks participated, including Commerzbank, Deutsche Bank, DZ BANK, Helaba, HSBC, LBBW, MUFG, NordLB and Rabobank. The facility will be used by Neumann to refinance and consolidate its existing financing arrangements and to finance the general trading activities of the Neumann Group. The facility includes an increase option to a total of US$1.4 billion. Dusseldorf-based Dentons partner Dr. Axel Schlieter led the cross-border legal team. "This successful closing marks an important milestone for Neumann Kaffee Gruppe. By welcoming new banking partners and diversifying our financing structure, we’ve strengthened our base and gained the flexibility to further develop our global business," said NKG Group CFO Justin Schulze-Smidt. Dentons represented UniCredit as documentation agent with a team composed by: Germany — Dr. Axel Schlieter (Partner, overall lead, Banking & Finance, Düsseldorf), Julia Heitmann (Counsel, Banking & Finance, Düsseldorf), Paul Sieminski (Associate, Banking & Finance, Düsseldorf); France — Jean-Marc Allix (Partner, Banking & Finance, Paris), Philippine de Fouchier (Counsel, Banking & Finance, Paris), Marine Hestroffer (Associate, Banking & Finance, Paris); Italy — Alessandro Fosco Fagotto (Partner, Banking & Finance, Milan), Gaia Grossi (Senior Associate, Banking & Finance, Milan); Colombia — Bernardo Cardenas (Partner, Banking & Finance, Bogota), Maria Fernanda Bonilla (Associate, Banking & Finance, Bogota); Mexico — Amanda Valdez (Partner, Banking & Finance, Mexico City), Gustavo Mendoza (Associate, Banking & Finance, Mexico City); Spain — Luis Belart Siguero (Partner, Banking & Finance, Madrid), Jabier Badiola Bergara (Partner, Banking & Finance, Madrid), Miguel del Río (Associate, Banking & Finance, Madrid); Singapore — Janice Ngeow (Senior Partner, Banking & Finance, Singapore), Lee Min Lau (Partner, Banking & Finance, Singapore), Gregory Chua (Practice Trainee, Singapore); United States — Andrew J. Bates (Counsel, New York). Vella Pugliese Buosi e Guidoni Advogados represented UniCredit with a team composed by: Fernando Lopes (Partner, Corporate/M&A, São Paulo), Rodrigo Vella (Partner, Corporate/M&A, São Paulo), Jean Pontes (Of Counsel, Corporate/M&A, São Paulo). Homburger represented UniCredit on Swiss law matters.

Dentons Advises UniCredit on US$1.1 Billion Revolving Credit Facility for Neumann Gruppe

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