Ashurst advised The Governor and Company of the Bank of Ireland ('Bank of Ireland') on the prolongation and extension of a loan granted in 2009 for Kalle GmbH. Kalle is one of the world leaders in the production of casings for processed meat products out of viscose, polymer or textile.

The Ashurst team was led by banking partner Dr Stephan Kock. He was supported by counsel Miriam Petri, associate Axel Walch and transaction manager Dominique Blaurock. Partner Heiko Penndorf and associate Felix Krüger (all Frankfurt) advised on the tax aspects of the transaction.