Homburger with BayWa r.e. on bridge financing restructuring

Homburger advised BayWa r.e., a developer, service provider, distributor and solution supplier in the field of renewable energy, on the restructuring of its bridge financing facilities.

The context

Back in August 2024, BayWa r.e., and certain of its group companies stipulated a EUR 932,000,000 bridge facilities agreement with a syndicate of lenders. Commerzbank, Deutsche Bank, DZ BANK, and other entities, coordinated the syndicate in question. The bridge facilities agreement served as the foundation for the group’s interim refinancing in the context of a broader liquidity and restructuring process.

In connection with the operation, Homburger advised BayWa r.e.  and, in particular, its Swiss subsidiary, Solarmarkt, on all Swiss law aspects. Following the initial financing, Homburger continued to advise BayWa r.e. AG on a series of successive agreements that governed and implemented the restructuring framework.

The Homburger team

Daniel Haeberli (pictured) led the Homburger team on the matter, working alongside Sarah Fasel, Simone Gloor and Caroline Grand (all financing).