13.09.2017 News

Oppenhoff & Partner advises Norican on refinancing of the acquisition of Light Metal Casting Solutions Group

Oppenhoff & Partner has advised the Danish engineering company Norican Group and its German subsidiaries on the refinancing in connection with the acquisition of the Light Metal Casting Solu-tions Group (Gummersbach). The refinancing was carried out by issuing bonds worth EUR 340,000,000 (4.5% Senior Secured Notes due 2023) and a super senior revolving credit facility in the amount of EUR 75,000,000. The acquisition, which was originally funded primarily by shareholder loans, was already concluded at the end of April 2017.

Oppenhoff advises i.a. on capital markets regulatory law, in stock and bond issuances of all kinds, bank financing, derivatives and other structured products.

The Oppenhoff team comprised Jérôme Friedrich, Andreas Kopp (Banking and Finance), Ronald Meissner and Katharina Leoff (Corporate/M & A; all Frankfurt) as well as Gunnar Knorr (Tax law, Cologne).

Oppenhoff & Partner stands for more than 100 years of top quality legal advice. Our independent law firm extensively advises national and international enterprises and entrepreneurs on matters of commercial and tax law.

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