King & Wood Mallesons has advised Deutsche Bank AG, Landesbank Baden-Württemberg and UniCredit Bank AG as arrangers on the syndicated financing of GFT Technologies AG, a listed corporation. The syndicate comprised of Deutsche Bank Luxembourg S.A., Baden-Württembergische Bank and UniCredit Luxembourg S.A. provides syndicated financing to the Stuttgart based company with a five-year term and an increase option.
GFT Technologies AG designs and implements IT solutions with a focus on the financial services industry and is listed in the TecDax, an index of Germany’s largest 30 technology companies.
“We are delighted to have been able to advise our clients on the first syndicated financing of one of the most promising information technology companies in Germany”, Clemens Niedner, partner with the Banking & Finance practice of King & Wood Mallesons, commented on the transaction.
Advisors to Deutsche Bank, Landesbank Baden-Württemberg and UniCredit
King & Wood Mallesons LLP, Frankfurt am Main
Clemens Niedner (lead partner), Dr. Michael Beyer (associate, both Banking and Finance), Markus Hill (partner, Tax)