Global law firm Freshfields Bruckhaus Deringer (‘Freshfields’) advised TeamViewer AG, a listed software company headquartered in Göppingen, Germany, on the conclusion of a new EUR 600 million credit facility. With the new credit line, TeamViewer will refinance existing debt, among other things.
For the first time, this syndicated financing is linked to certain ESG covenants. With the current financing, the company intends to further drive its positive development.
Freshfields has been advising TeamViewer for a long time. In this case, Freshfields had also advised the company on all legal aspects of this financing.
The Freshfields team comprised Partner Michael Josenhans, Counsel Alexander Pospisil and Associate Laura Korndörfer (all Financing, Frankfurt).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
