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King & Wood Mallesons advises NORD/LB and lenders on financing of apt Hiller Group

18 Jul 2016

King & Wood Mallesons (KWM) has advised NORD/LB Norddeutsche Landesbank as arranger, NORD/LB Luxembourg S.A. Covered Bond Bank as agent and three additional banks on financing the apt Hiller group.

The apt Hiller group produces and finishes aluminium profiles at four locations. The processes include recycling, extrusion, mechanical processing, surface finishing and assembly. The group supplies market leaders in the segments construction/architecture and industry. According to the company it employs around 800 permanent employees. The aluminium profiles are produced in an extrusion process at the sites in Monheim and Roermond with an annual capacity of 80,000 tons.

The purpose of the syndicated financing for apt Hiller group arranged by NORD/LB is not only to refinance existing credit lines, but especially to finance future growth and working capital needs. The lenders (four major banks) grant the financing with a term of up to five years.
Advisors NORD/LB:
King & Wood Mallesons, Germany

Banking & Finance:

* Sabine Schomaker (partner), Ulf Gosejacob (counsel, both lead), Dr. Markus Nielsen (associate, all Frankfurt)

Tax:

* Markus Hill (partner, Frankfurt)

Matter Type
Banking & Finance - Capital Markets: Structured/Project Finance
Industry
Finance & Banking
News Category
Banking & Finance