Cases & Deals

  • Home
  • Practices
  • Hansteen refinances German real estate portfolio through two loan facilities with aggregate €343 million value

Share

Hansteen refinances German real estate portfolio through two loan facilities with aggregate €343 million value

March 2014

Client(s) Hansteen Holdings PLC

Jones Day advised Hansteen Holdings PLC, a European industrial REIT, in connection with the refinancing of its German real estate portfolio through two loan facilities in the aggregate loan amount of €343 million (US$472 million).

The Company’s UniCredit loan has been refinanced with a €235 million five-year facility provided by a consortium of lenders including Landesbank Hessen-Thüringen Girozentrale (Helaba), Natixis Pfandbriefbank AG, SEB AG and various entities managed or advised by AXA REIM SGP.

The second loan from Lloyds Banking Group has been refinanced with a €108 million five-year facility from HSBC plc.

Both transactions were conducted concurrently by cross-border legal teams and were completed within one week of each other.

Contacts

Before sending, please note:

Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.