Global law firm White & Case LLP has advised a consortium of twelve banks, led by Deutsche Bank AG as coordinator, on an €800 million revolving credit facility for Südzucker AG (Südzucker).
Landesbank Baden-Württemberg acted as syndicate agent and the new financing arrangement replaces Südzucker's existing revolving credit facility.
Südzucker is a global conglomerate specializing in the development, production and supply of plant-based solutions and is recognized as Europe's largest supplier of sugar products. It employs approximately 19,300 people worldwide and is listed on the SDAX.
The White & Case team in Frankfurt which advised on the transaction was led by partner Thomas Flatten and counsel Sascha Schmidt and included transaction lawyer Maral Nasseri.
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