Global law firm Clifford Chance has advised the lenders on the early refinancing and upsizing of the syndicated revolving credit facility of Rheinmetall AG.
The new syndicated credit facility replaces the existing facility and will be available to Rheinmetall for general corporate purposes. Rheinmetall has doubled the volume of the existing facility from €750 million to €1.5 billion while strategically realigning its core banking group and adding further international banking partners. The transaction provides the company with additional financial flexibility to support its continued growth trajectory.
The Clifford Chance team comprised partner Simon Reitz, counsel Vanessa Steiner and senior associate Nico Köhler (all Debt Finance, Frankfurt) as well as partner Olaf Mertgen and counsel Steffen Waadt (both Tax, Frankfurt).
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