Clifford Chance advised a banking consortium including, among others, Bank of America Merrill Lynch, Barclays, BNP Paribas, Commerzbank, Crédit Agricole, Deutsche Bank, JP Morgan, Morgan Stanley, Royal Bank of Scotland and UniCredit on the amend and extend of the existing senior debt facilities for German energy services provider, Techem.

The resulting financing package comprises currently committed facilities having a total volume of EUR 815 million.

Techem is a leading global supplier of energy invoicing and energy management in buildings. The company was founded in 1952 and is based in Eschborn, Germany. It has around 3,540 employees in more than 20 countries.

The Clifford Chance team comprised lead partner Loren Richards and senior associate Lauren von Dörnberg (both Frankfurt), together with German law support from partner Thomas Weitkamp (Munich) and senior associate Matthias Töke (Frankfurt) – all Finance. The team also included lawyers from the Clifford Chance offices in Belgium, France, Italy, Luxembourg, Poland and the Netherlands.

http://www.cliffordchance.com/news/news/2015/12/clifford-chance-advises…