Homburger | View firm profile
On August 14, 2024, BayWa r.e. AG and certain of its group companies entered into a EUR 932,000,000 bridge facilities agreement (the Bridge Facilities Agreement) with a syndicate of lenders coordinated by Commerzbank AG, Deutsche Bank AG, DZ BANK AG and others.
The Bridge Facilities Agreement served as the foundation for the group’s interim refinancing in the context of a broader liquidity and restructuring process. Homburger acted as local counsel to BayWa r.e. AG and, in particular, to its Swiss subsidiary, Solarmarkt GmbH, advising on Swiss-law aspects of the transaction.
Following the initial financing, Homburger continued to advise BayWa r.e. AG on a series of successive agreements that governed and implemented the restructuring framework. These included the standstill agreement dated October 2, 2024, which amended and extended the original arrangement, as well as the Heads of Terms Agreement dated December 20, 2024. Homburger also advised in connection with the first amendment to the Bridge Facilities Agreement dated October 2, 2024, the second amendment and restatement agreement dated January 29, 2025, and the third amendment agreement dated March 27, 2025.
BayWa r.e. AG is one of the leading global developers, service providers, distributors and solution suppliers in the field of renewable energy.
The Homburger team was led by Daniel Haeberli and included Sarah Fasel, Simone Gloor and Caroline Grand (all Financing).
Contact
Wanda Schweda / Marketing / [email protected]