Cases & Deals

NACCO amends and restates certain existing credit agreements

Client(s) NACCO Industries, Inc.

Jones Day provided advice to NACCO Industries, Inc., an operating holding company, in connection with the negotiation, drafting, and execution of two deeds of acknowledgement of two existing security interests, including the pledge over the shares of the Italian subsidiary and the pledge over certain receivables of the Italian subsidiary, and a first demand guarantee by the Italian subsidiary in connection with the amendment and restatement of certain existing credit agreements, including the extension of the final maturity date and the commitment's increase of the multicurrency facility.