Clearwater International acted as sole financial adviser to the TRUMPF Group on the structuring of an unsecured mid-term financing facility with a volume of €300m.
Clearwater International was mandated by TRUMPF Group to support the company in developing and implementing a favourable mid-term financing concept. Based on a tailor-made financing concept, Clearwater International coordinated a competitive process with several international banks and managed the structuring of a financing facility with a volume of €300m, a tenor of up to seven years and highly favourable credit conditions (self-arranged club deal).
Family-owned TRUMPF Group, based in Ditzingen (Germany), is a world leader in sheet metal fabrication machinery and industrial lasers. The company is active in two business divisions; Machine Tools and Laser Technology & Electronics. The company has production sites in Europe, Asia as well as North and South America, and is represented in all main markets worldwide. With approximately 11,000 employees, TRUMPF Group generates sales of approximately €2.6bn (2013/14).
Clearwater International, led by partner Dierk Rottmann with support from Norbert-Markus Roth, advised TRUMPF