Watson Farley & Williams LLP (“WFW”) has advised Landesbank Baden-Württemberg, Postbank Luxembourg and UniCredit Bank AG as arrangers on a €92,000,000 refinancing for QSIL AG.
QSIL AG is a leading producer of fused quartz products and specialty glass products and solutions under the trademark ilmasil® and PH, as well as engineering and technical ceramics, with factories in Germany and the Netherlands. The company is headquartered in Ilmenau, Thuringia.
The WFW Germany Banking & Finance team which advised the banks,was led by Hamburg Partner Dr Stefan Kilgus. He was supported by Associates Marie-Theres Recifo and Jakob Paluszkiewicz as well as Legal Manager Annika Schulz.
Stefan Kilgus commented: “We are very pleased to have assisted QSIL and its banks on closing this transaction which represents an essential step forwards in the further development of this exciting company”.