MAHLE successfully refinanced its revolving credit facility, future proofing its capital structure

On February 16th, 2024, MAHLE signed into a € 1,600 million facility agreement, consisting of a € 1,200 million sustainability-linked revolving credit facility alongside a € 400 million term loan.

MAHLE’s CFO Markus Kapaun: “The refinancing marks an important step towards right sizing and extending MAHLE’s capital structure.Supported by € 1,600 million of capital provided by some of the strongest financial institutions globally demonstrates that MAHLE is well on track to execute its strategy. We are fully committed to enter the next stage of growth.”

The financing received strong support from both its long-standing relationship banks as well as new banks, providing substantial balancesheet commitments.

BNP Paribas, Citibank, Deutsche Bank and J.P. Morgan acted as Joint Global Coordinators on this transaction.

Clifford Chance acted as company counsel, Latham & Watkins as counsel to the lenders.