Dentons and UniCredit on $1.1 Billion Financing for Neumann Gruppe

Dentons advised UniCredit, acting as documentation agent, in relation to a $1.1 billion revolving credit facility with a borrowing base reference provided in favour of Neumann Gruppe, the Hamburg holding company of Neumann Kaffee Gruppe. The facility is a $1.1 billion revolving credit line that may be increased up to a maximum aggregate amount of $1.4 billion. UniCredit and ING jointly acted as bookrunners and mandated lead arrangers. The operation was supported by an international banking syndicate comprising sixteen additional financial institutions, among them Commerzbank, Deutsche Bank, DZ BANK, Helaba, HSBC, LBBW, MUFG, NordLB and Rabobank. As the world's leading green coffee wholesaler, Neumann will use the proceeds to refinance and rationalize its existing financing arrangements and to support the group's general trading activities. The Neumann Gruppe comprises more than 40 companies across 28 countries and provides services across the entire green coffee value chain. Dentons represented UniCredit (as documentation agent) with a multijurisdictional team composed by: partner Axel Schlieter of the Düsseldorf office, and partner Alessandro Fosco Fagotto, head of the Banking and Finance department in Italy and in Europe, assisted by senior associate Gaia Grossi. The Dentons team included professionals operating across Italy, Brazil, Colombia, France, Germany, Mexico, Singapore, Spain, the United States and Switzerland.

Dentons and UniCredit on $1.1 Billion Financing for Neumann Gruppe

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