VISCHER advises Lionbridge (Nasdaq: LIOX) on the Swiss law aspects of the revolving credit agreement with HSBC Bank USA, National Association providing for a 5-year $100 million revolving credit facility and a 5-year $35 million term facility. Proceeds are intended to be used for the Company's acquisition of CLS Communication in Switzerland and related companies. Upon the closing of the Company's acquisition of CLS Communication the facility will among other be secured by a pledge related to this entity. The VISCHER-Team is led by Dr. Matthias Staehelin (Partner) with Janusz Marty (Senior Associate) and David Weber (Associate), all Corporate.
Matter Type
Banking & Finance - Bank Lending/Credit Facilities
Industry
Technology, Media & Telecoms
News Category
Banking & Finance
Technology, Media & Telecoms