Advising banks on syndicated acquisition financing for Rheinmetall acquisition of NVL

The bridge financing serves as interim financing for the acquisition of NVL (Naval Vessels Lürssen), the military division of the Lürssen Group. With the acquisition of NVL, Rheinmetall is creating a German integrated solutions provider for the development and production of state-of-the-art naval vessels and coast guard boats as well as autonomous unmanned surface systems, thereby taking a significant strategic step in its naval shipbuilding capacities.

The banking syndicate comprises Commerzbank Aktiengesellschaft and UniCredit Bank GmbH as coordinating bookrunners and mandated lead arrangers, and Crédit Agricole Corporate and Investment Bank, Deutsche Bank Luxembourg S.A. and Société Générale as bookrunners and mandated lead arrangers.

The A&O Shearman team was led by partner Dr. Walter Uebelhoer and senior associate Sebastian Hanke, and also included associate Daniel Wolf (all Debt Finance, all Munich), partner Dr. Heike Weber as well as associates Niklas Kniess and Paula Anna Jenner (all Tax, all Frankfurt).