27 04 2016

Telefónica Deutschland secures a €750 million financing by BNP Paribas, Commerzbank and UniCredit Bank

Clifford Chance has advised BNP Paribas S.A., Commerzbank AG and UniCredit Bank AG, acting as the mandated lead arrangers, on a general financing for Telefónica Deutschland worth EUR 750 million and placed via its subsidiary Telefónica Germany GmbH & Co.


Another six banks are also involved in this new syndicated credit facility, which has a five-year term. Clifford Chance has advisedthe syndicate of banks on the del with a team led by partner Thomas Weitkamp (Munich, picture) and comprised senior associate Lauren von Dörnberg (Frankfurt) and associate Alexander Lang (Munich, all Banking & Capital Markets) as well as partner Thorsten Sauerhering (Tax, Frankfurt). Involved fees earner: Thomas Weitkamp - Clifford Chance; Lauren von Dörnberg - Clifford Chance; Alexander Lang - Clifford Chance; Thorsten Sauerhering - Clifford Chance;

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