Daimler €11 billion refinancing

1/7/2018

Financing

Value:

€ 11 billion

Status:

Completed

Date:

1/7/2018

Overview:

German automobile manufacturer Daimler has secured an €11 billion loan through a syndicate of banks to refinance an existing €9 billion facility.
The syndicate comprised more 40 banks from Europe, Asia and America.

Ben Naylor - Editor

Jurisdictions:

Canada
United States
Germany

Deal type:

Financing

Practice area:

Banking

Industry sector:

Automotive

Firms:

Allen & Overy

Party: Daimler AG Na ON (Borrower)

Lawyer: Walter Uebelhoer

Hengeler Mueller

Party: Deutsche Bank AG Na ON (Lead arranger)

Lawyer: Johannes Tieves

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