DLA Piper has advised Montana Aerospace on a EUR 450 million corporate financing from a syndicate including Commerzbank Aktiengesellschaft, HSBC Continental Europe, and UniCredit Bank Austria.
Montana Aerospace is a manufacturer of system components and complex assemblies for the aerospace industry.
According to DLA Piper, the loan tranches “consist of a bullet loan, which will be used to repay currently outstanding promissory bills, and a revolving credit facility of EUR 150 million.”
The DLA Piper team included Romania-based Counsels Ioan Chiper and Andreea Badea and Junior Associate Denisa-Elena Damian as well as further team members in Austria, Germany, Belgium, the US, and Canada.
DLA Piper did not respond to our inquiry on the matter.
