Geberit (SIX: GEBN), the European leader in the sanitary technology sector, entered into a CHF 500 million debt financing.
Geberit AG, a SIX Swiss Exchange listed company and European leader in the field of sanitary products (ticker symbol: GEBN / ISIN: CH0030170408), has successfully raised a new senior multicurrency revolving credit facility in the amount of CHF 500 million.
The facility is underwritten by an international banking consortium including Credit Suisse (Switzerland) Ltd. and Commerzbank as mandated lead arrangers and bookrunners.
Lenz & Staehelin acted as counsel to the Geberit Group with a team led by Marcel Tranchet (picture), alongside Pascal Genoud and Charlotte Rüegg.
Baker McKenzie advised Credit Suisse (Switzerland) Ltd. and Commerzbank as mandated lead arrangers and bookrunners in connection with the structuring and documentation of the new credit facility. The Baker McKenzie team included Lukas Glanzmann, Samuel Marbacher, Philip Spoerlé and Merens Derungs.
Involved fees earner: Marcel Tranchet – Lenz & Staehelin; Pascal Genoud – Lenz & Staehelin; Charlotte Rüegg – Lenz & Staehelin; Lukas Glanzmann – Baker & McKenzie; Samuel Jonas Marbacher – Baker & McKenzie; Philip Spoerlé – Baker & McKenzie; Merens Derungs – Baker & McKenzie;