Wolf Theiss and Clifford Chance Advise GD Towers on EUR 7.7 Billion Refinancing

"Wolf Theiss, with Clifford Chance, advised GD Towers on a EUR 7.7 billion refinancing that established a new common terms financing platform combining existing EUR 5.2 billion term, capex and revolving facilities with a EUR 2.5 billion private placement placed with European and US investors. Linklaters reportedly advised the banks. GD Towers owns over 40,000 tower sites in Germany and Austria."

Wolf Theiss, together with Clifford Chance, advised GD Towers on its EUR 7.7 billion refinancing, while Linklaters reportedly advised the lending banks. GD Towers is a European provider of passive telecommunications infrastructure, owning and operating more than 40,000 mobile tower sites across Germany and Austria. The transaction involved the establishment of a new common terms financing platform under which GD Towers' existing EUR 5.2 billion term, capex and revolving credit facilities will be provided alongside a EUR 2.5 billion private placement placed with European and US investors. Wolf Theiss represented client GD Towers with a team composed by: Partners Andreas Schmid, Marika Lomashvili and Eva Stadler; Senior Associate Alexander Quendler; Associates Philipp Richter and Iris Erlacher; and Lawyer Maggie Gong.

Wolf Theiss and Clifford Chance Advise GD Towers on EUR 7.7 Billion Refinancing

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