Shot during my tour of service on MISC's ship, SS Puteri Firus just a couple of months ago. We were anchored here in Bintulu, awaiting for our next cargo loading at Bintulu Port. Our ship normally takes cargo from this port and discharges them in Japan, Korea, Taiwan and recently China. This is a Liquiefied Natural Gas (LNG) carrier.
Our Work

Latham & Watkins Advises Bank Consortium on €1.8 Billion Syndicated Term Loan for SEFE

March 3, 2025
Finance team represents lenders in the transaction.

Latham & Watkins LLP has advised a bank consortium led by Crédit Agricole Corporate & Investment Bank and ING Deutschland on a €1.8 billion syndicated term loan for international energy company SEFE Securing Energy for Europe GmbH (SEFE).

The funds will be used for refinancing liabilities of the recently fully acquired gas transport activities of WIGA, for general corporate purposes, and for further investments in transport projects. For SEFE, this transaction marks the return to the commercial banking market and thus represents a crucial step in the financial transformation ahead of the planned re-privatization. The syndicated term loan was supported by a consortium of 22 banks.

The Latham team was led by Frankfurt finance partner Sibylle Münch and counsel Ralph Dräger, with partner Alexandra Hagelüken. Advice was also provided on regulatory matters by Frankfurt counsel Joachim Grittmann; and on tax matters by Munich partner Ulf Kieker.

Endnotes

    Contacts

    Sibylle Münch

    Frankfurt
    sibylle.muench@lw.com +49.69.6062.6571
    Dräger, Ralph

    Ralph Dräger

    Frankfurt
    ralph.draeger@lw.com +49.69.6062.6573