Homburger provided legal counsel to Commerzbank Aktiengesellschaft for a syndicated corporate financing deal involving Montana Aerospace. This company is a well-known manufacturer of aerospace system components and complex assemblies, operating globally with development and production facilities.
The financing was provided by an international banking syndicate coordinated by Commerzbank and HSBC Continental Europe, Germany (HSBC). Commerzbank also acted as documentation agent and HSBC has been appointed as agent.
Homburger advised Commerzbank Aktiengesellschaft and the other syndicate banks with regard to all Swiss legal aspects of the financing transaction. The team was led by partner Jürg Frick (financing and Investment Products, pictured left) and included Stefan Bindschedler (financing and Investment Products, pictured centre) as well as Stefan Oesterhelt (tax, pictured right).
The Clifford Chance team advising Commerzbank comprised partner Simon Reitz and senior associate Melanie Jotov-Schmitz (both Global Financial Markets, Frankfurt) as well as partner Olaf Mertgen and senior associate Steffen Waadt (both Tax, Frankfurt). The cross-border team further included Clifford Chance offices in Brussels, Bucharest and New York as well as local counsel Blake, Cassels & Graydon (Canada), and Schoenherr Rechtsanwaelte (Austria).