Homburger with Alchemy US on refinancing with HPS
Homburger advised Alchemy US on the renewal of its credit financings. The firm entered into a term loan credit agreement with HPS Investment as a term loan agent. The firm also entered into an asset-based lending (ABL) credit agreement with KeyBank National Association as an ABL and joint collateral agent.
Alchemy US’s accession and grant of the comprehensive security package involving various jurisdictions was completed in October 2024.
Homburger advised Alchemy on all aspects of Swiss law related to the transaction.
The Team
The Homburger team was led by partner Daniel Haeberli (pictured) and included associate Simone Gloor and junior associate Manuel Adassery (all Financing) as well as partner Stefan Oesterhelt (Tax).
Alchemy US
Alchemy produces non-ferrous metal powders, with a focus on copper and aluminum powder It serves diverse end-markets including chemicals, automotive, and industrial sectors.
HPS
HPS is an American investment firm, headquartered in New York City, specializing in providing financing solutions. Its portfolio includes investments in private credit, public credit, private equity, and real assets.
