BARTEC’s Restructuring

Sidley represented Global Loan Agency Services Limited (GLAS) as facilities agent, GLAS Trust Corporation Limited as existing security agent and TMF Trustee Limited (TMF) as new security agent, on the restructuring, refinancing and capital increase of BARTEC, a German manufacturer of explosion safety equipment.

The GLAS team consisted of Brian Carne (Founder, Co-Chair and General Counsel), Mia Drennan (Founder, Co-Chair and Group President), Joanne Brooks (Head of EMEA), Paul Cattermole (Head of Trustee and Escrow Services), Juliette Challenger (Deputy General Counsel) and Paul Fletcher (Transaction Manager).

The TMF Group team consisted of Helena Giles (Director), Sonnia Kaufmann (Transaction Manager), and Angeliki Lazari (Senior Trustee Administrator).

The Sidley team in London was led by Mark Knight (Picture,Restructuring) and Jifree Cader (Restructuring), with support from James Crooks (Global Finance), Michelle Tong (Private Equity), Jason Menzies (Tax), Kieran Sharma (Restructuring), Martin Michalski (Global Finance), Dhevine Chandrapala and Susannah Apuzzo (Restructuring), Nils Gravenhorst (Global Finance), Saya Sharma (Private Equity) and Laurence Wilcock (Tax). Support was also provided by the Sidley team in Munich, led by Kolja von Bismarck (Restructuring), Andreas Steiger (Restructuring) and Patrick Schulz (Restructuring).

Involved fees earner: Jifree Cader – Sidley Austin LLP; Dhevine Chandrapala – Sidley Austin LLP; James Crooks – Sidley Austin LLP; Nils Gravenhorst – Sidley Austin LLP; Mark Knight – Sidley Austin LLP; Jason Menzies – Sidley Austin LLP; Martin Michalski – Sidley Austin LLP; Saya Sharma – Sidley Austin LLP; Andreas Steiger – Sidley Austin LLP; Michelle Tong – Sidley Austin LLP; Kolja von Bismarck – Sidley Austin LLP; Laurence Wilcock – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: GLAS; TMF Group;