Homburger AG acted as special Swiss counsel to UniCredit Bank GmbH in its capacity as mandated lead arranger in connection with the USD 1.1 bn borrowing base credit facilities. 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. Sixteen other international syndicate banks are involved in the financing, including Commerzbank, Deutsche Bank, DZ Bank, Helaba, HSBC, LBBW, MUFG, NordLB and Rabobank. As a global coffee wholesaler, Neumann will use the funds to refinance and consolidate its existing financing agreements and 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 (Financing) and included Simone Gloor and Céline Rüegg (both Financing) as well as Stefan Oesterhelt (Tax).