Our advice included drafting and negotiating the revolving loan agreements with the individual lenders.
We ensured that the loan agreements are entirely in line with other financing arrangements of the client and are not more onerous to the client than the existing financing arrangements.
Besides thorough investigation into the existing financing arrangements and crucial points for the client, this required extensive negotiation with the individual lenders.
The facility agreements are refinanced by the Austrian export credit agency Oesterreichische Kontrollbank (OeKB) under a national support programme during the COVID-19 pandemic.
The transaction involved legal advice for Austria.
Transaction size: EUR 50,000,000 – EUR 100,000,000