BDO Legal advises HÖRMANN on new EUR 40 million syndicated loan agreement
10 December 2019
Lawyers at BDO Legal Rechtsanwaltsgesellschaft mbH advised technology specialist HÖRMANN Industries GmbH from Kirchseeon on the reissue and increase of the existing syndicated loan.
The consulting assignment included assistance in the company's negotiations with the banks, advice on the term sheet, the arrangement agreement, the mandate and the new syndicated loan agreement.
HÖRMANN is broadly positioned with four business divisions (Automotive, Engineering, Services and Communication) and more than 27 subsidiaries. In fiscal 2018, HÖRMANN Industries generated consolidated sales of around EUR 624 million with around 3,175 employees. Operating EBIT amounted to EUR 30.5 million.
Advisors to HÖRMANN Industries GmbH
BDO Legal Rechtsanwaltsgesellschaft mbH:
Dr. Michael Mette (Lead, Financing, Stuttgart), Julia Dönch (Commercial, Düsseldorf) und Dr. Patricia Sirchich von Kis-Sira (Finanzierung, Düsseldorf)