Ulrike Schuster focuses her practice on domestic and cross-border bank finance matters,
including banking regulatory issues, project finance, commodity finance, securitizations and
general corporate lending, including corporate refinancings and restructurings.
Ms. Schuster’s significant representations include advising:
- Trimble on its €1.9 billion acquisition of Transporeon, a leading cloud-based transportation management software platform, from Hg;
- Energy Infrastructure Partners in the acquisition of a 49% stake in Iberdrola’s €1.425 billion Wikinger offshore wind farm;
- Færch Group and its owner, A.P. Møller Holding, on the acquisition of PACCOR Group from U.S. private equity firm Lindsay Goldberg;
- The KraftHeinz Company in its acquisition of an 85% stake in Just Spices GmbH;
- HeidelbergCement AG in its partnership with Thoma Bravo and the acquisition of a 45% stake in Command Alkon, a company specializing in cloud-based supply chain technology solutions for heavy building materials, from Thoma Bravo at an implied pre-money valuation of the business of US$1.7 billion;
- The SCP Group on its €1.2 billion acquisition of the Real Group from METRO AG;
- AGRAVIS Raffeisen AG, an agricultural trading and services company, on the contemplated application for a financial services license to be granted by BaFin and Deutsche Bundesbank; on seeking clearance from BaFin that certain corporate actions do not require a banking or financial services license; on challenging administrative rulings issued by BaFin in relation to hybrid instruments; on its €100 million trade receivables securitization; on its €100 million Schuldschein loan; and on its €600 million syndicated working capital facilities agreement;
- Citigroup Global Markets Inc. as lead initial purchaser on a US$1.6 billion Rule 144A/Regulation S high-yield offering of 4.750% senior notes due 2030 by Novelis Corporation;
- Gulf Energy Development on its acquisition of a 50% stake in the €2.6 billion offshore wind farm Borkum Riffgrund 2 from Global Infrastructure Partners and its joint venture with Ørsted;
- Credit Suisse Energy Infrastructure Partners on the financing aspects of its acquisition of a minority stake in the €2 billion Arkona offshore wind farm; and
- Wells Fargo Bank, NA on an amendment to Novelis Inc.’s senior secured asset-based cross-border revolving facility that increased commitments to US$1.5 billion, extended the maturity and included mechanics to permit the acquisition of Aleris and permit the company to complete internal reorganizations. The facility included German, Swiss, Belgian, Canadian, U.K. and U.S. borrowing bases.