KSB, a leading international manufacturer of pumps and valves, has concluded new credit lines totalling EUR 550 million with a consortium of six banks. In addition to a revolving facility of EUR 300 million, KSB will have access to a separate syndicated guarantee facility of EUR 250 million, which can be utilised in the form of different bank guarantees.
The new credit lines have a term of five years with options to extend the term by up to two further years.
Hengeler Mueller team for KSB
Financing: Henning Hilke (lead, partner), Karsten Staupe and Simon Tänzer (associates, all Frankfurt),
Tax: Sebastian Adam (senior associate, Frankfurt).
