KAP AG’s €125 Million Syndacated Financing

White & Case LLP has advised KAP AG, while Taylor Wessing, Meitar Law, Wilson Sonsini and Cuatrecasas advised Commerzbank AG on the deal.

Commerzbank AG acted as agent on the syndicated financing for the listed industrial holding KAP AG.

The facilities amount to approximately EUR 125 million. In addition to Commerzbank AG, other financial institutions are acting as mandated Lead arrangers and lead arrangers in the banking club.

KAP AG is a listed, medium-sized industrial holding company. The Group operates in 28 locations in Europe as well as in India, China, Israel and the USA. The facility is guaranteed by several German subsidiaries and certain members of the group in Israel, Poland, Portugal, the Czech Republic, Hungary and the US.

The Taylor Wessing team included Lead partners Clemens Niedner (Picture – Partner), Dr. Alper Utlu (Salary Partner), Elena Quach (Associate) all Banking and Finance, Frankfurt am Main; Zbigniew Korba (Partner) and Pawel Skura (Senior Associate) both Banking and Finance, Warsaw; Dr. Jakub Adam and Martin Serak both Banking and Finance, Prague and Torsten Braner Corporate Finance, Budapest. 

Correspondent law firms: Clifford M.J. Felig of Meitar Law, Tel Aviv; Charlotte Kim of Wilson Sonsini, Chicago; Manuel Requicha Ferreira Cuatrecasas, Lisbon.

The White & Case team was led by counsel Sascha H. Schmidt (Frankfurt) and included partners Thomas Flatten (Frankfurt), Grzegorz Abrahm (Warsaw) and Jan Linda (Prague), partner of counsel Gregory Owens (New York) and associates Laurent Hoff (Frankfurt), Klaudia Ochenkowska (Warsaw), Katerina Hudeckova (Prague) and Sophia Berger (Miami).

Involved fees earner: Manuel Requicha Ferreira – Cuatrecasas; Clifford Felig – Meitar Liquornik Geva & Leshem Brandwein; Jakub Adam – Taylor Wessing; Torsten Braner – Taylor Wessing; Zbigniew Korba – Taylor Wessing; Clemens Niedner – Taylor Wessing; Elena Quach – Taylor Wessing; Martin Šerák – Taylor Wessing; Pawel Skura – Taylor Wessing; Alper Utlu – Taylor Wessing; Grzegorz Abram – White & Case; Sophia Berger – White & Case; Thomas Flatten – White & Case; Laurent Hoff – White & Case; Katerina Hudeckova – White & Case; Jan Linda – White & Case; Klaudia Ochenkowska – White & Case; Gregory Owens – White & Case; Sascha Schmidt – White & Case; Charlotte Kim – Wilson Sonsini Goodrich & Rosati;

Law Firms: Cuatrecasas; Meitar Liquornik Geva & Leshem Brandwein; Taylor Wessing; White & Case; Wilson Sonsini Goodrich & Rosati;

Clients: Commerzbank AG; KAP AG;

Federica Tiefenthaler

Author: Federica Tiefenthaler