The international law firm Milbank LLP has advised a consortium led by Bayerische Landesbank, BNP Paribas, Commerzbank AG, HSBC Burkhardt & Trinkaus AG, DZ BANK AG und UniCredit Bank AG as mandated lead arrangers on the refinancing of Webasto SE. The new financing arrangements provide comprehensive support for the envisaged continuing growth of the group.
Webasto with headquarters in Stockdorf, near Munich and more than 12,000 employees is a leading producer of roof and temperature management systems for cars, utility, special purpose and railway vehicles as well as caravans. Being a family-owned business since its foundation in 1901, Webasto operates an international network at more than 50 locations worldwide.
A Milbank team headed by partner Thomas Ingenhoven comprehensively advised the banking consortium in relation to the refinancing.
Advisor to the banking consortium: Milbank LLP
Thomas Ingenhoven (lead), Katja Lehr (both Finance, Frankfurt), Thomas Kleinheisterkamp (Tax, Munich), Michael Bellucci, Zachary Goldberg (both Finance, New York), Neil Caddy, Georgina Wolf (both Finance, London).
