Advestra advises BayernLB, LBBW and ZKB on innovative financing for Stadler

Bayerische Landesbank as mandated lead arranger, documentation agent, lender, security agent, facility agent and green loan coordinator as well as Landesbank Baden-Württemberg and Zürcher Kantonalbank as lenders provided financing to Stadler Rail in connection with Stadler’s delivery of 296 battery-electric FLIRT multiple units to a European railway operator. The innovative financing structure was implemented together with LHI Group.

Advestra acted as Swiss legal counsel to the banking syndicate in the transaction. The team included Alexander von Jeinsen and Valérie Bär (both Financing) as well as Céline Martin (Tax). Ashurst acted as German counsel with Derk Opitz (Partner), Dr Tobias Bürk (Associate) and Ariana Fazlic (Transaction Counsel).