Gleiss Lutz advises banking consortium led by Nord/LB on debut syndicated loan for expert SE and expert Wachstums- und Beteiligungs SE

Gleiss Lutz has advised a banking consortium led by Norddeutsche Landesbank Girozentrale (Nord/LB) on the conclusion of a debut syndicated loan agreement for expert SE and expert Wachstums- und Beteiligungs SE. The syndicated loan is intended to help refinance existing debt and finance the acquisition of equity investments.

expert SE, based in Langenhagen, Germany is a retail group that specialises in consumer electronics, IT, telecommunications, entertainment and household appliances and has approximately 14,000 employees nationwide. The expert brand network comprises more than 4,000 locations in 22 countries.

The following Gleiss Lutz team advised the banking consortium on the financing: Dr. Eva Reudelhuber (lead, partner), Dr. Julia Baldus, Pascal Urban, Cora Seelmann (all Banking & Finance, all Munich) and Dr. Dominik Monz (Tax, Frankfurt).