Noerr advises DLG on group-wide €1.1 billion financing
Noerr has advised Dansk Landbrugs Grovvareselskab a.m.b.a. (DLG) and team SE in connection with €1.1 billion group financing.
The newly structured corporate financing combines various existing financing arrangements within the DLG Group and features an ESG component. A syndicate of German, Danish and other international banks is providing the financing.
Dansk Landbrugs Grovvareselskab a.m.b.a. (DLG) is a leading European food, energy and building materials company with branches in 18 countries. In 2022, the DLG Group had some 6,700 employees and generated turnover of around €10.7 billion, around 65% of which was generated in Germany.
Advisors to Dansk Landbrugs Grovvareselskab a.m.b.a and team SE: Noerr
Torsten Wehrhahn (team lead, Partner, Banking & Finance, Frankfurt), Stephan Schulz (Partner), Jörg-Peter Kraack (Associated Partner), Jan Hoffmann Linhard (Senior Associate, all Corporate, Hamburg), Katie Tam-Schmick (Senior Associate, Corporate, Berlin)