Clifford Chance advised an international banking consortium on a syndicated loan for automotive supplier Hella KGaA Hueck & Co. ("Hella"), Lippstadt, Germany.

The loan amounts to EUR  450.000.000 Euro and has a five-year term with two options to extend it for one year.

The purpose of the loan is to serve the general funding of the company.

Hella is a listed family business with more than 30,000 employees working in more than 100 sites in over 35 countries. They develop and produce lighting and electronic components and systems for the automotive industry. With a turnover of approx. EUR 5.3 billion (financial year 2013/2014), Hella belongs to the top 50 global automotive suppliers.

The Clifford Chance team included partner Dr. Bettina Steinhauer, counsel Philipp Kropatscheck and senior transaction lawyer Dr. Alexander Hansen Díaz (all Banking & Capital Markets, Frankfurt).