WOCO Franz Josef Wolf Holding GmbH has comprehensively adjusted the group financing, consisting of a syndicated loan, Schuldschein loans and bilateral credit lines both in and outside Germany, to the changed market conditions. The negotiations on the bank side were led by a steering committee comprising Commerzbank AG, Deutsche Bank AG and Landesbank Baden-Württemberg.
Hengeler Mueller advised WOCO on the financial restructuring. The team included partners Daniel Weiß (Restructuring/Financing), Henning Hilke (Financing) (both Frankfurt) and Martin Tasma (Restructuring, Berlin), counsel Peter Dampf (Financing, Frankfurt) as well as associates Fabian Berdin (Restructuring/Financing, Berlin), Markus Reps (Restructuring, Frankfurt), Tobias Schwab (Tax, Munich), Jennifer Klein and Simon Tänzer (both Financing, Frankfurt).