Merve Mert advises banks and other financial institutions, private equity investors and corporates in connection with acquisition finance, leveraged finance, syndications, corporate finance and bond financings.
Prior to joining the firm, Merve practiced finance law for a year in an international law firm in Frankfurt, Germany, and over three years at leading law firms in Istanbul, Türkiye, gaining extensive experience also in M&A transactions and corporate law.
Delivery Hero, 2022
Advised Delivery Hero SE, one of the world's largest local delivery platforms, on a Term Loan B comprising of a US$825 million term facility and a €300 million term facility, each with a maturity of 5.25 years, and a new €375 million revolving credit facility, which will have an initial maturity of three years and two one-year extension options.
BBI Group, 2022
Advised Goldman Sachs, Golub Capital and Berenberg, as term and revolving credit lenders, on the acquisition, capex and working capital financing to Baduhenna Holdco to support its acquisition of BBI Group, a leading expert in the development and manufacturing of diagnostics products and technologies.
Advised a bank syndicate on the refinancing of Cheplapharm Arzneimittel GmbH's credit facilities of over €2 billion. The refinancing consisted of a Term Loan B and a revolving credit facility.
Advised banking consortium as English counsel on the post-closing requirements under the financing documentation for Triton's acquisition of Schock.
Consolidated Energy Finance, 2021
Advised Consolidated Energy Finance S.A., a financing subsidiary of Switzerland-based leading international methanol and fertilizer producer Consolidated Energy Limited AG, in connection with the issuance of two series of high yield bonds with total volumes of US$525 million and €250 million, due in 2028 and listed on the Luxembourg Stock Exchange.
Advised Deutsche Bank, HSBC and Morgan Stanley on the €400 million bond issue by Sirius Real Estate Limited (Sirius), a leading operator of branded business and industrial parks in Germany.
Pfleiderer Group, 2021
Advised the finance parties on the repayment and cancellation of the previous Term Loan B and the revolving credit facility. Also advised the new bank syndicate in relation to a newly established revolving credit facility of up to PLN 200 million for Pfleiderer Polska sp. z o.o. and its subsidiaries. Pfleiderer Polska group is one of the largest companies operating in the wood-based materials sector in Poland and Germany.
Advised Goldman Sachs, Commerzbank and LBBW in connection with the financing of Triton's acquisition of a stake in the All4Labels global packaging group and represented the banks in connection with the financing of the add-on acquisition of GPS-Rotomet by the All4Labels group.
Advised a bank syndicate consisting of Credit Suisse International, ING Bank N.V., ABN AMRO Bank N.V., Coöperatieve Rabobank U.A. and BNP Paribas Fortis NV/SA as mandated lead arrangers, physical bookrunners and underwriters on an institutional term loan B and a revolving credit facility for Boels Topholding B.V. of over €1 billion for the acquisition of Cramo plc, a company that was listed on the Nasdaq Helsinki stock exchange by way of a voluntary recommended public cash tender offer, a subsequent offer, open market purchases and a subsequent squeeze out. Advised the bank syndicate also on the subsequent repricing and amendment to the financing.
Advised the bank syndicate on the repricing of Befesa S.A.'s institutional term loan B. Befesa is a leading international provider of regulated environmental services to the steel and aluminium industries with facilities located in Germany, Spain, Sweden, France and the UK, as well as in Türkiye and South Korea. Through its two business units, Steel Dust and Aluminium Salt Slags recycling services, Befesa manages and recycles around 1.5 million tonnes of residues annually, with a production of around 1.2 million tonnes of new materials, which Befesa reintroduces into the market, reducing the consumption of natural resources. The repricing achieved a 50 bps reduction to the interest rate applicable to the €526 million term loan B cov-lite facility.
Advising a corporate in connection with its convertible bond offering.*
Advising a German corporate in relation to the setup of its multinational factoring program.*
Advising a global investment bank with the amendment of its structured loan issuance to a hedge fund.*
Advising a payment services provider in connection with the unwinding of its securitization program.*
* Matters prior to working for White & Case.