Carsted Rosenberg Advokatfirma Advises HYPO NOE on German-Danish Real Estate Senior Credit Facility

Together with lead counsel Simmons & Simmons, Frankfurt, Carsted Rosenberg Advokatfirma advised HYPO NOE Bank as senior lender on a German-law governed senior credit facility provided to the Danish subsidiaries of a Luxembourg real estate fund for the refinancing of the acquisition of an existing commercial real estate portfolio in Germany.

The lender was advised by Simmons & Simmons, Frankfurt, Simmons & Simmons, Luxembourg, Simmons & Simmons, London and Carsted Rosenberg Advokatfirma, as Danish counsel. The borrowers were advised by lead counsel Beiten Burkhardt, Munich, Nauta Dutilh, Luxembourg and Accura Advokatfirma, as Danish counsel.

The HYPO NOE Landesbank für Niederösterreich und Wien AG is one of the oldest and largest regional banks in Austria with public sector, real estate and private and business customers with a financing portfolio centered around infrastructure, corporate, project and structured finance, as well as real estate finance.

For further information on Danish banking and finance law, please consult our publications on Danish banking and finance law and real estate or contact Michael Carsted Rosenberg or Andreas Tamasauskas at Carsted Rosenberg.