CHF 180 million Syndicated Senior Term and Revolving Credit to SWX-listed borrower
Lenz & Staehelin was retained as lead counsel to the mandated lead arranger in connection with a CHF 180 million Syndicated Senior Term and Revolving Credit Facility Agreement for a SWX-listed borrower. Lenz & Staehelin was mandated to draft an entirely new Swiss law based credit documentation on substance fully consistent with the LMA (Loan Market Association) standards for syndication purposes, but significantly shorter than the LMA standard documents. The documentation is expected to be used as a new standard for mid-size syndicated lendings to corporate borrowers headquartered in Switzerland.
The lead arranger was advised by Lenz & Staehelin. The Lenz & Staehelin team included Beat Kühni, Patrick Hünerwadel, Maja Baumann and Dominik Kaczmarczyk.