Dr. Michael Josenhans

关于 Dr. Michael Josenhans

Michael is a partner in the firm’s Global Transactions group as well as in the Private Capital sector group. He advises on banking and finance law with a particular focus on syndicated loan transactions, acquisition and infrastructure finance. 

For 20 years, he has been regularly advising lenders, sponsors and borrowers on the full range of credit and debt financings. Based on his extensive experience, he provides deep understanding of complex issues and the rapidly changing components of financings. Numerous corporate clients, banks, funds and investors rely on his advice for their most important acquisitions, financings and (re)structurings.

近期项目经验

Leveraged finance

• Goldman Sachs on a first out / second out acquisition financing in connection with the acquisition of BSI Software Group by Bregal;
• Eurazeo on a unitranche acquisition financing in connection with the acquisition of Dacoso Group by Waterland Private Equity;
• Permira on the debt financing and investment in GGW Group and various other transactions;
• UniCredit in connection with the debt financing of the intended voluntary takeover offer for all outstanding shares of Stemmer Imaging AG by MiddleGround Capital;
• Corten Capital and its portfolio company Matrix42 Holding on the debt and equity financing aspects of the public tender offer for Efecte Plc, a Finnish provider of IT and enterprise service management software;
• Hayfin and its funds on the financing of the acquisition of shares in companies of the Hipp Group by Hipp GmbH;
• Razor Group on the acquisition of Perch, on Razor’s concurrent Series D funding round led by Presight Capital as well as on the acquisitions of Valoreo and the Stryze Group;
• Näder Holding on the repurchase of 20% of the shares in Ottobock from EQT and a new refinancing of Näder Holding;
• One Equity Partners on its acquisition financing for Bibliotheca;
• Cinven, CVC, One Equity Partners, H.I.G. Capital and Corton Capital on various leveraged finance transactions; and
• Blackstone Credit, Arcmont, Apera, Kathesia and H.I.G. Capital Whitehorse on various debt fund financings.

Corporate finance

• SumUp on its €1.5bn private credit loan;
• Nemetschek Group on the conclusion of a syndicated loan in the amount of €500m and an acquisition financing for a US target;
• Grünenthal on the €500m acquisition financing of the testosterone business from Bayer as well as on the fundamental realignment of its debt structure in a total amount of €1.6bn;
• A consortium of banks on a €400m refinancing of automotive supplier Huf Hülsbeck & Fürst; incl. term loans, revolving credit facilities, factoring programmes and syndicated loan; and
• TeamViewer AG on a €600m credit line, Schuldscheindarlehen and various acquisition financings.

Infrastructure finance

• An international consortium of lenders on the debt financing for the acquisition of a 50% stake in Gode Wind 3 offshore wind farm;
• Skyborn Renewables, a leading offshore wind developer and operator, on a revolving credit facility with Banco Santander;
• Global Infrastructure Partners as borrower in a syndicated multi-currency letters of guarantee facility arranged by a consortium of banks;
• TNG, ICG’s fibre company, on the €325m syndicated financing of their fibre-network roll-out in Germany; and
• The lenders in connection with the €1.375bn syndicated credit facilities agreement of Deutsche Glasfaser in connection with the sale of Deutsche Glasfaser group by KKR to EQT.

Bank-bond transactions

• Motel One advising a consortium of banks led by Deutsche Bank on the inaugural high yield bond offering by Motel One;
• A consortium of banks in connection with Wepa Hygieneprodukte’s offering of €250m of 5.625% senior secured notes, its RCF and a bridge financing;
• Nordex on a financial restructuring, which included a guarantee facility, a liquidity line, EiB loan agreements and a high-yield bond;
• A consortium of banks on the inaugural high yield bond offering by Standard Profil, a portfolio company of Actera, and on its RCF; and
• A consortium of banks on the high yield bond offering by, and the revolving facility for, Profine.