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Francotyp-Postalia on its syndicated loan

Background

Steen advised Francotyp-Postalia Holding AG (“FP”), a leading international expert in mail communication, on the syndication of an expanded loan agreement.

About the transaction

FP signed a new syndicated loan agreement with a strong international banking consortium comprising Commerzbank Aktiengesellschaft, Deutsche Postbank AG, Landesbank Baden-Württemberg and UniCredit Bank AG. The facility has a total volume of €120 million, includes an increase option of €30 million, and has a five-year term with two one-year extension options.

About the client

Francotyp-Postalia Holding AG is a leading international provider of solutions and services for mail communication, supporting customers worldwide with technology-enabled mailing and digital communication solutions.

Date:

June 2016

Service:

Sell side

Size:

€120m

Deal locations:

Parties:

Parties:

Logo of Francotyp-Postalia Holding AG
Logo of Francotyp-Postalia Holding AG
Logo of Francotyp-Postalia Holding AG

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Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.

Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.

Steen Associates Limited is authorised and regulated by the Financial Conduct Authority.
© Copyright Steen Associates. All rights reserved.