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Deal Date: 24-04-2014 Practice Area: International Finance and Bank Credit
Deal Title: LOEWE Technologies GmbH - Syndicated Revolving Credit Line Industry: General Industrials
Description:
Allen & Overy LLP advised a syndicate of banks led by Deutsche Bank AG on the financing of the working capital and investment requirements of LOEWE Technologies GmbH. The subsidiary of investor Stargate Capital assumed the business operations of ailing TV manufacturer Loewe with retroactive effect as of 1 April 2014. The working capital of LOEWE Technologies GmbH will be financed by way of a revolving credit line. The Allen & Overy team advising the syndicate of banks comprised partner Peter H. Hoegen, counsel Dr. Mark Hallett and associate Florian Ziegler (all banking, all Frankfurt).
Financial Center: Frankfurt Value: 0.00-0.00
Advised Party: Lender Law Firm
Borrower Germany Lender Germany
Classification: Syndicated and Bilateral Loans Syndicated Loans
Lawyer Peter Hoegen