@VISORY partners acted as sole financial adviser to the TRUMPF Group on the structuring of an unsecured mid-term financing facility with a volume of EUR 300 million.
About the Transaction
@VISORY partners was mandated by TRUMPF Group to support the company in developing and implementing a favorable mid-term financing concept. Based on a tailor-made financing concept, @VISORY partners coordinated a competitive process with several international banks and managed the structuring of a financing facility with a volume of EUR 300 million, a tenor of up to seven years and highly favorable credit conditions (self-arranged club deal). Finally, the financing was provided by a group of six international banks, which offered the most attractive conditions in course of the multi-stage process.
About TRUMPF Group
Family-owned TRUMPF Group, based in Ditzingen (Germany), is a world leader in sheet metal fabrication machinery and industrial lasers. The company is active in the two business divisions Machine Tools and Laser Technology & Electronics. The company has production sites in Europe, Asia as well as North and South America and is represented in all main markets worldwide. With about 11,000 employees, TRUMPF Group generates sales of approximately EUR 2.6 billion (2013/14).