Dr. Michael Josenhans

Leveraged finance

• Hayfin Capital on a senior / super senior refinancing of the existing indebtedness of Kalle Group by way of €165m and $137m multicurrency loans;
• Citibank on the refinancing of SGB-SMIT by way of a new €1.2bn term loan B and revolving letter of credit;
• Kartesia on a hybrid financing to support the continued growth of AndCompany;
• Goldman Sachs on a first out / second out acquisition financing in connection with the acquisition of BSI Software Group by Bregal;
• Eurazeo on a unitranche acquisition financing in connection with the acquisition of Dacoso Group by Waterland Private Equity;
• Permira on the debt financing and investment in GGW Group and various other transactions;
• UniCredit in connection with the debt financing of the intended voluntary takeover offer for all outstanding shares of Stemmer Imaging AG by MiddleGround Capital;
• Corten Capital and its portfolio company Matrix42 Holding on the debt and equity financing aspects of the public tender offer for Efecte Plc, a Finnish provider of IT and enterprise service management software;
• Hayfin and its funds on the financing of the acquisition of shares in companies of the Hipp Group by Hipp GmbH;
• Razor Group on the acquisition of Perch, on Razor’s concurrent Series D funding round led by Presight Capital as well as on the acquisitions of Valoreo and the Stryze Group;
• Näder Holding on the repurchase of 20% of the shares in Ottobock from EQT and a new refinancing of Näder Holding;
• One Equity Partners on its acquisition financing for Bibliotheca;
• Cinven, CVC, One Equity Partners, H.I.G. Capital and Corton Capital on various leveraged finance transactions; and
• Blackstone Credit, Arcmont, Apera, Kartesia and H.I.G. Capital Whitehorse on various debt fund financings.

Corporate finance

• BIOTRONIK on the refinancing of its existing facilities and the implementation of a new syndicated loan facility;
• SumUp on its €1.5bn private credit loan;
• Nemetschek Group on the conclusion of a syndicated loan in the amount of €500m and an acquisition financing for a US target;
• A consortium of banks on a €400m refinancing of automotive supplier Huf Hülsbeck & Fürst; incl. term loans, revolving credit facilities, factoring programmes and syndicated loan; and
• TeamViewer AG on a €600m credit line, Schuldscheindarlehen and various acquisition financings.

Infrastructure finance

• An international consortium of lenders on the debt financing for the acquisition of a 50% stake in Gode Wind 3 offshore wind farm;
• Skyborn Renewables, a leading offshore wind developer and operator, on a revolving credit facility with Banco Santander;
• Global Infrastructure Partners as borrower in a syndicated multi-currency letters of guarantee facility arranged by a consortium of banks; and
• TNG, ICG’s fibre company, on the €325m syndicated financing of their fibre-network roll-out in Germany.

Bank-bond transactions

• Motel One advising a consortium of banks led by Deutsche Bank on the inaugural high yield bond offering by Motel One;
• A consortium of banks in connection with Wepa Hygieneprodukte’s offering of €250m of 5.625% senior secured notes, its RCF and a bridge financing;
• Nordex on a financial restructuring, which included a guarantee facility, a liquidity line, EiB loan agreements and a high-yield bond;
• A consortium of banks on the inaugural high yield bond offering by Standard Profil, a portfolio company of Actera, and on its RCF; and
• A consortium of banks on the high yield bond offering by, and the revolving facility for, Profine.