Cases & Deals

Deka Immobilien Investment-led syndicate provides refinancing

Client(s) Deka Immobilien Investment GmbH

Jones Day provided advice to a pool of lenders led by Deka Immobilien Investment GmbH in connection with the €87.75 million (US$113.3 million) credit agreement for the refinancing of a shareholders' loan used to buy mortgaged property. The transaction also consisted of a security package, including a first ranking mortgage, a pledge over the transaction bank accounts, and an assignment by way of security of the receivables under certain lease agreements and certain insurance policies.