Gasverbund Mittelland AG raises EUR 200m credit facility

Niederer Kraft Frey advised Gasverbund Mittelland AG, the leading procurement and grid company of natural and biogas to the Plateau and Northwestern regions in Switzerland, on the raising of an EUR 200 million syndicated credit facility focused on securing the provision of gas during the upcoming heating season. UBS Switzerland AG acted as arranger, agent, fronting bank and lender, Credit Suisse (Switzerland) Ltd. as arranger and lender and Basler Kantonalbank as lender.

The NKF team was led by partner Philip Spoerlé (M&A/Finance), working with junior associate Alexander Züger (Finance) and partner Markus Kronauer (Tax).