Homburger advised UniCredit Bank GmbH on the amendment and restatement of the USD 1.1 bn borrowing base credit facilities agreement

Homburger AG has acted as special Swiss counsel to UniCredit Bank GmbH in its capacity as mandated lead arranger in connection with the amendment and restatement of the USD 1.1 bn borrowing base credit facilities agreement. The facility includes an increase option to a total of USD 1.4 bn.

UniCredit and ING acted as joint bookrunners and mandated lead arrangers. Eighteen other international syndicate banks are involved in the financing, including ING Bank, Commerzbank, Deutsche Bank, DZ BANK, HSBC, MUFG Bank, LBBW, NordLB, Citibank, UBS and Rabobank.

As a global coffee wholesaler, Neumann is using the funds to finance the general trading activities of the Neumann Group. Neumann Gruppe GmbH, based in Hamburg, is the holding company of the Neumann Kaffee Group, which comprises more than 40 companies in 28 countries and employs more than 3,300 people worldwide.

The Homburger team was led by Daniel Haeberli and included Simone Gloor and Samuel Fäh (all Financing) as well as Stefan Oesterhelt (Tax).