Locke Lord International Partner Hansjoerg Heppe (Dallas) acted as local counsel for Masterflex SE in connection with its new syndicated loan agreement in the total amount of up to €45 million. The new loan’s term expires in June 2021. In addition to refinancing its current credit facility, the new loan will provide a working capital line of credit, the financing of potential strategic acquisitions by the Masterflex Group, as well as an amortizing loan to refinance the expansion of Masterflex’s site in Gelsenkirchen, Germany. For more information, view Masterflex Group’s press release.
Posted August 4, 2016