SIG Group completes bridge financing for upcoming bonds maturity

SIG Group, a leading systems and solutions provider for aseptic carton packaging, completed a bridge financing as back-up alternative in light of the group’s upcoming bonds maturity.

Niederer Kraft Frey acted as lead counsel to a broader banking syndicate led by Coöperatieve Rabobank U.A. as documentation coordinator and arranger with UBS Switzerland AG as agent for the EUR 550 million bridge loan credit facility.

The NKF team was led by Transactions partners Philip Spoerlé and Adrian Koller, working with associate Lorenzo Henseler (Transactions) and partner Markus Kronauer (Tax). NKF was supported on Luxembourg matters by a team of Clifford Chance led by partner Marc Mehlen.