Homburger Supports Elevate Textiles in Complex Financing Deals
Homburger acted as counsel to Elevate Textiles in connection with a term loan credit agreement with Wilmington Savings Funds Society, FSB as administrative agent and an asset-based loan credit agreement with Bank of America as administrative agent.
Headquartered in Charlotte, North Carolina, USA, Elevate Textiles stands as a global provider of cutting-edge, top-quality fabric and thread products, along with mission-critical textile solutions.
Elevate Textiles offers comprehensive textile solutions on a global scale, crafting fabric brands for applications spanning the automotive, apparel, interior furnishings, and industrial sectors.
Homburger provided Elevate Textiles with all Swiss legal aspects of these multifaceted financing transactions.
The Homburger team was led by Daniel Haeberli (Financing, pictured) and included Fabrice Eckert (Financing), Yulia Shaburnykova (Financing) and Stefan Oesterhelt (Tax).
