Global law firm Freshfields has advised an international banking consortium led by Deutsche Bank and HSBC on the refinancing of the existing syndicated loan for the Heinemann Group. The financing has a volume of €650 million.

Gebr. Heinemann, based in Germany, is a retailer and distributor in the same degree and an expert in all sales channels of travel retail. The company is represented at airports and border crossings, on cruise ships and ferries as well as in planes. Freshfields had already provided legal advice to the banking consortium in connection with the previous financing for the Heinemann Group in 2020.

The Freshfields team was led by Partner Michael Josenhans (Frankfurt) and included Associates Matthis Grenzer and Pauline Höller (both Berlin), as well as Partners Francesco Lombardo (Milan) and Kyle Larkin (New York) and Associates Alberto Nurzia, Costanza Avara (both Milan), and Jordan Phelan (New York, all Finance). The transaction also involved teams from our StrongerTogether network, including in Australia and Denmark.