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August 27, 2019

Milbank Advises Banking Consortium on Refinancing of Trimet

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The international law firm Milbank LLP has advised a banking consortium on the refinancing of the existing syndicated loan agreement of the aluminium producer Trimet Aluminium SE. The new syndicated loan financing consists of a revolving credit line with a total volume of €140 million. The financing bank consortium is led by five German and international banks and comprises a total of nine banks.

Trimet is a medium-sized family business that develops, produces, recycles and sells aluminium light metal products for cars, aircraft and wind turbines. Trimet, headquartered in Essen, has eight production sites in Germany and France and currently employs around 3,000 people.

The Milbank team led by partner Thomas Ingenhoven advised the bank consortium comprehensively on the refinancing.

Advisor to banking consortium: Milbank LLP

Thomas Ingenhoven (lead, Finance, Frankfurt), Thomas Kleinheisterkamp (Tax, Munich), Thomas Möller, Achim Rohr (both Finance, Frankfurt).