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DLA Piper Advises Montana Aerospace on EUR 450 Million Financing

DLA Piper Advises Montana Aerospace on EUR 450 Million Financing

Romania
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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.