
Industrials
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:
Image Aspect Ratio
Set up the component by adding image to the component properties.
