White & Case advises Heckler & Koch on €305 million syndicated loan facility

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Global law firm White & Case LLP has advised H&K AG (Heckler & Koch) on a new unsecured syndicated loan agreement, with a total volume of €305 million and a term of five years and two extension options of one additional year each.

The new unsecured syndicated loan agreement fully refinances the existing facility and significantly improves the framework for Heckler & Koch, in particular with respect to guarantees and security.

The available funds will be used for general corporate purposes, enhance the company's financial flexibility and create the basis for the consistent implementation of its growth and investment strategy. In addition, existing application and approval processes for defined transactions were significantly simplified and the terms compared to the previous syndicated loan agreement were materially improved.

White & Case previously advised the company on its refinancing in August 2022.

The White & Case team in Frankfurt which advised on the transaction was led by partner Andreas Lischka and local partner Markus Fischer and included partner Yannick Adler, associates Angela Fleck, Lina Fiedler and Ann Marie Hovey and portfolio lawyer Laura Marie Steyer.

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