KmB Technologie – existing consortium financing rearranged
With a Frankfurt-based team led by Partner Thomas K. Schrell, business law firm Heuking Kühn Lüer Wojtek advised a consortium of lenders, headed by RLB OÖ, on rearranging the consortium financing for KmB Technologie GmbH.
Heuking Kühn Lüer Wojtek comprehensively supported the consortium in preparing, structuring, negotiating, and implementing the entire financing documentation (including the conclusion of a cooperation agreement).
The credit line has a term of three years. The funds are intended to finance the company’s general working capital requirements.
Founded in 1995, KmB is one of the most renowned automotive suppliers in Saxony-Anhalt. The turned and milled parts that are produced in Zerbst are used in steering systems, transmissions, and chassis of various automobile manufacturers.
Counsel to consortium of lenders
Heuking Kühn Lüer Wojtek:
Thomas K. W. Schrell, LL.M. (Lead, Banking & Finance), Frankfurt
Anja Harms (Banking & Finance), Frankfurt