Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 03-11-2015 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Deutsche Pfandbriefbank Refinancing Loan for Phoenix Shopping Centre Portfolio | Industry: | Real Estate Investment & Services |
| Description: |
Ashurst advised pbb Deutsche Pfandbriefbank (pbb) on the partial refinancing of the real estate portfolio Phoenix. The portfolio comprised three shopping centres in the whole of Germany which were acquired by affiliated companies of Cerberus Capital Management, L.P. in August 2013. Existing loans were redeemed through the new financing. Beyond refinancing, pbb additionally granted a loan for reconstruction and maintenance measures of individual Phoenix real estate properties.
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| Financial Center: | Frankfurt | Value: | 0.00-0.00 |
| Advised Party: | Lender | Law Firm | Ashurst |
| Real Estate Jurisdiction | Germany | Real Estate Jurisdiction | Germany |
| Classification: |
Real Estate Finance Shopping Centres and Retail |
Lawyer | Stephan Kock |
