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Friday, March 29, 2024

Clifford advises banks on Siemens Energy´s €4.2bn financing for Gamesa takeover

Clifford Chance advises banks on the €4.2 billion financing related to Siemens Energy's complete takeover bid for Siemens Gamesa

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International law firm Clifford Chance has advised Bank of America and J.P. Morgan in relation to their €4.2 billion bridge financing for Siemens Energy AG in connection with the voluntary cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy, S.A. with the intention to delist and integrate the business.

The Clifford Chance team was led by partners Bettina Steinhauer (Frankfurt) and Epifanio Pérez (Madrid) and comprised, in Germany, counsel Christoph Nensa (Frankfurt), senior associate Peter Gierl and transaction lawyer Christoph Finsterwalder (both Munich) and, in Spain, senior associate Ignacio Magariños (Madrid, all Finance).

More info about this deal here.

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