Homburger advises Rabobank on EUR 967m facilities for Global TIP

Homburger advised Rabobank on the Swiss law aspects of an increased EUR term facility under an existing EUR 967 million borrowing base multicurrency credit facilities agreement. Global TIP Holdings Two, as company, and Global TIP Finance, as borrower, received the additional facility.

Deal details

ABN Amro Bank acts as agent under the agreement and Rabobank as security agent. The facilities are guaranteed by, among others, PEMA Truck- und Trailervermietung. The company rents complete heavy-duty tractor units in Europe.

Homburger team

Homburger advised Rabobank on all Swiss law aspects of the transaction. The team was led by Daniel Haeberli (pictured) and included Simone Gloor and Franca Huber, all from the Financing practice, as well as Stefan Oesterhelt from the Tax practice.