SIG Group completes USD 270m financing

SIG Group, a leading packaging solutions provider, offering carton, bag-in-box and spouted pouch packaging solutions, completed a USD 270 million financing which shall be used, among other things, to refinance existing indebtedness of the group, including its existing USD facility, and for general corporate purposes.

Niederer Kraft Frey acted as lead counsel to a broader banking syndicate led by Coöperatieve Rabobank U.A. as documentation coordinator, arranger and agent for the Swiss law governed USD 270 million syndicated term loan facility.

The NKF team was led by Transactions partners Philip Spoerlé and Adrian Koller, working with associate Lorenzo Henseler (Transactions) and counsel Marc Vogelsang (Tax).