Niederer Kraft Frey acted as Swiss legal counsel to JPMorgan Chase Bank, N.A as administrative agent, GLAS Trust Corporation Limited as collateral agent and the other members of the banking syndicate in connection with a USD 535 million term loan, a EUR 200 million term loan and a USD 90 million multicurrency revolving credit facility for SGH2 LLC, a finance subsidiary of the Scenic group.
The Scenic group is a leader in luxury cruises and tours worldwide. It offers exclusive river and sea cruises as well as exclusive guided land tours on almost every continent. The Scenic group has been established in 1986 by Australian businessman Glen Moroney.
The NKF team was led by Transaction partners Adrian Koller and Philip Spoerlé, working with associate Carlotta Ulmer, junior associates Caterina Moor, Barbara Bürgi, Janyar Assa’d and Robin Brändli (all Transactions), as well as partner Markus Kronauer (Tax).