Freshfields advises on add-on Term Loan financing for SGB-SMIT Group

Global law firm Freshfields advised Citibank, J.P. Morgan, Barclays, UniCredit Bank and HSBC as mandated lead arrangers in connection with a €350m Term Loan B add-on financing for SGB-SMIT Group, a portfolio company of One Equity Partners.

SGB-SMIT is a leading independent global pure-play manufacturer of a broad range of transformers for utilities, grid operators, renewable energy, industry and data center clients. These products include large and medium power transformers, distribution transformers, and associated services.

The Freshfields team was led by Partner Michael Josenhans and Principal Associate Aleksandar Djurdjevic (both Frankfurt) and was supported by Principal Associate Matthis Grenzer as well as Associate Serra Onal (both Berlin) and Senior Transaction Lawyer Sazan Isufi (Frankfurt, all Finance).