12.06.2023

Advestra advises UBS Switzerland AG and the other members of the banking syndicate on the EUR 250 million financing provided to Gasverbund Mittelland AG

Advestra advised UBS Switzer­land AG as arranger, agent, front­ing bank and lender and the oth­er syn­dic­ate banks as lenders on the EUR 250,000,000 cred­it facil­ity provided to Gas­ver­bund Mit­tel­land AG, the lead­ing pro­cure­ment and grid com­pany of nat­ur­al and bio­gas to the Plat­eau and North­west­ern regions in Switzer­land. The facil­ity is focused on secur­ing the pro­vi­sion of gas as well as cap­it­al expendit­ures and invest­ments as a replace­ment of the exist­ing cred­it facility.

Advestra acted as leg­al coun­sel to the bank­ing syn­dic­ate in the trans­ac­tion. The team included Alex­an­der von Jein­sen and Alex­an­der Fisch (both Fin­an­cing) as well as Céline Mar­tin (Tax).