Clifford Chance advised Heidelberger Druckmaschinen AG on the refinancing of a syndicated credit line.

The refinancing has been effected by an amendment and extension of a secured credit line, which was originally provided by an international syndicate of banks in 2011 and now has been extended in an amount of EUR 250 million until June 2019.

The Clifford Chance team was led by partner Dr. Dietrich F. R. Stiller and comprised senior associates Lena Hefele and Tanja Gropp and associates Kheiber Asar and Matthias Kammermann (all Banking & Finance, Frankfurt am Main) as well as lawyers from the offices in Amsterdam, Brussels, Hong Kong, London, Milan, New York, Paris, Singapore and Tokyo.