Clifford Chance has advised the leading banks on the signing of commitment documentation to refinance Stabilus S.A.'s 7.75 per cent senior secured notes due 2018 and its EUR 25,000,000 revolving credit facility.

Stabilus S.A. designs, manufactures and distributes spring systems for the automotive industry, furniture applications and open-close systems and despite its listing on the Frankfurt stock exchange earlier this year, remains majority owned by Triton.

The Clifford Chance team is led by partners Alexandra Hagelüken and Dr. Bettina Steinhauer and includes associates Christoph Nensa and Lauren von Dörnberg (all Banking & Capital Markets, Frankfurt). In addition, lawyers from the Clifford Chance offices in Australia, Luxembourg, New York and Romania are involved.

Clifford Chance's acquisition and corporate finance team is one of the leading advisors in Germany. Their clients include Private Equity investors as well as listed and family-owned companies whom they advise on national and international transactions in the area of acquisition and corporate finance, restructuring and funding the take-over of listed companies (also with regard to public-to-private transactions). The German practice in Düsseldorf, Frankfurt and Munich is comprised of five partners, two counsels as well as associates and transaction lawyers and advises on both German and English law aspects.