SZA Schilling, Zutt & Anschütz advises Cteam on syndicated loan financing in high three-digit million range

SZA Schilling, Zutt & Anschütz advised the Cteam Group on the conclusion of a syndicated loan agreement providing revolving credit and guarantee facilities in the high three-digit million range, plus a large volume increase option.

The advice covered the entire process from agreeing on the term sheet and the negotiation of the loan agreement to the closing of the transaction. The consortium of six banks is led by Commerzbank Aktiengesellschaft and Landesbank Baden-Württemberg.

The Cteam Group is a medium-sized group of companies with around 1,600 employees that implements power grid projects throughout Europe. Its range of services includes overhead line construction, mobile phone mast construction, engineering services, network services, and mobile ground protection systems for construction projects and events. The new financing replaces the Cteam Group's previous syndicated loan and is intended, among other things, to enable new investments.

SZA Schilling, Zutt & Anschütz:

Dr. Andreas Herr (lead, banking and finance law, Frankfurt); Dr. Christoph Kiegler (tax law, Mannheim), Dr. Till Kotterer-Rädecke (banking and finance law, Mannheim)

On the Cteam side, René Koller (Treasury) led the transaction. IMAP acted as debt advisor to the company. Legal advice on Austrian law was provided by Binder Grösswang.

SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft mbH

SZA Schilling, Zutt & Anschütz has been one of the most respected German business law firms for over one century. With its lawyers and offices in Frankfurt, Mannheim, Munich, and Brussels, the firm advises national and international clients on all complex legal issues arising in business.