17 May 2023
Clifford Chance advised CABB group on the issuance of several notes and on a revolving credit facility
International law firm Clifford Chance advised Permira-owned CABB Group on the Luxembourg and German aspects of the EUR670 million senior secured floating rate notes and 8.75% senior secured fixed rate notes due 2028 and a new EUR110 million revolving credit facility.
CABB group, owned by Permira funds since 2014, is a leading crop science development and manufacturing (CDMO) and fine chemistry manufacturer, supplying customised active ingredients and high-complexity and high-purity chemical ingredients to customers in the crop science, life science and performance materials market.
The Luxembourg team advising the issuer was led by Marc Mehlen, Partner, supported by Alexandre Sensi, Senior Associate and Federica Gamen, Associate. Jörg Rhiel, Partner and Associates Iliana Diedrich and Silja Lorenzen assisted on the German aspects of this transaction.