Neumann Kaffee Gruppe’s Sustainable Billion Dollar Refinancing

Freshfields Bruckhaus Deringer advised Neumann Kaffee Gruppe.

Neumann Kaffee Gruppe (‘NKG’) refinanced its self-arranged Master Credit Agreement with a credit line of up to $1 billion. The facility includes an ESG component based on NKG’s sustainability strategy.

The annual interest rate is adjusted according to the achievement of certain target values for ESG indicators.

The agreement stipulates a mechanism aimed at introducing term SOFR as the preferred US-LIBOR replacement without further amendment.

Neumann Kaffee Gruppe  is the world’s leading green coffee service group.

The Freshfields team comprised Mario Hüther (Picture – partner), Nina Heym (counsel) and Georg Lübbehüsen (all Finance, Frankfurt).

The in-house team at NKG comprised Jochen Michalak and Christina von Hobe.

Involved fees earner: Nina Heym – Freshfields Bruckhaus Deringer LLP; Mario Hüther – Freshfields Bruckhaus Deringer LLP; Georg Lübbehüsen – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: Neumann Kaffee Gruppe;

Giulia Di Palma

Author: Giulia Di Palma