Schur Flexibles Group’s EUR 575 Million Financing

Freshfields Bruckhaus Deringer has advised JPMorgan and certain other banks on a landmark financing for Schur Flexibles.

The financing comprised of a EUR 475,000,000 term loan B (TLB) which has been marketed to institutional investors and a EUR 100,000,000 revolving credit facility. The proceeds from the financing shall be used to refinance certain existing financing arrangements of Schur Flexibles Group and for working capital purposes.

Schur Flexibles is one of the leading European flexible packaging manufacturers.

The multijurisdictional Freshfields team leading this transaction comprised of Michael Josenhans (Picture – lead), Florian Klimscha, Mandeep Lotay, Alexander Pospisil, Christina Banz, Georg Lübbehüsen, Christian Oberkersch, Matthis Grenzer, Aleksandar Djurdjevic and Sazan Isufi (all finance).

Involved fees earner: Christina Banz – Freshfields Bruckhaus Deringer LLP; Matthis Grenzer – Freshfields Bruckhaus Deringer LLP; Michael Josenhans – Freshfields Bruckhaus Deringer LLP; Florian Klimscha – Freshfields Bruckhaus Deringer LLP; Mandeep Lotay – Freshfields Bruckhaus Deringer LLP; Georg Lübbehüsen – Freshfields Bruckhaus Deringer LLP; Christian Oberkersch – Freshfields Bruckhaus Deringer LLP; Alexander Pospisil – Freshfields Bruckhaus Deringer LLP;

Law Firms: Freshfields Bruckhaus Deringer LLP;

Clients: JP Morgan;

Giulia Di Palma

Author: Giulia Di Palma