Baker McKenzie with UBS on Merbag’s syndicated credit facility

Baker McKenzie advised UBS Switzerland and a syndicate of Swiss banks on the conclusion of a syndicated credit facility agreement for Mercedes-Benz Automobil (Merbag). The proceeds of the facility in question will be directed at partially financing the company’s expansion plan.

Merbag

Merbag’s Swiss coverage spans 28 locations. The company is an authorized dealer for Mercedes-Benz’s brand porfolio, Mercedes AMG, Smart and Fuso. In 2022, Merbag entered the German market, with openings in the federal states of Rhineland-Palatinate and Saarland. Merbag’s European coverage further includes Luxemburg, Austria, and Italy.

The Baker McKenzie team

In connection with the syndicated credit facility agreement, Baker McKenzie represented the lenders on all Swiss and German legal and tax matters.

Banking & finance partner Markus Wolf (pictured) led the cross office Baker McKenzie team from Zurich.

The Zurich-based line-up included banking & finance associates Sammy Guidoum and Felix Maier, as well as tax counsel Andrea B. Bolliger and trainee lawyer Valentina Biland (banking & finance).

Partner Oliver Socher, counsel Silke Fritz, and associate Philipp Thimm (all banking & finance), also contributed from the Frankfurt office.