Latham & Watkins Advises Lenders on €150 Million Financing for Stabilus
Latham & Watkins LLP has advised the lenders on a new long-term €150 million credit facility financing for Stabilus SE and its subsidiaries (Stabilus Group). This financing will be used by Stabilus Group to refinance promissory notes due in 2026. Stabilus Group is one of the world's leading providers of motion control solutions.
The transaction also includes an amendment to Stabilus Group's existing long-term €450 million credit facilities, aimed at enhancing its operational flexibility.
The Latham team was led by Frankfurt finance counsel Cora Grannemann, with partner Alexandra Hagelüken.