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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.

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.