DMK milks German lenders for €440m loan

11 Oct 2011

Milk producer DMK Deutsche Milchkontor has signed a €440m syndicated loan through bookrunning mandated lead arrangers Commerzbank, DZ Bank, Rabobank and WGZ Bank.

Commerzbank and DZ Bank co-ordinated the syndication of the four year facility, which saw HSBC, HSH Nordbank, IKB Deutsche Industriebank, LBB, Sparkasse Münsterland-Ost and Volksbank Paderborn-Höxter join as lead arrangers. Deutsche Bank, Kreissparkasse Wesermünde-Hadeln, Sparkasse Rotheburg-Bremervörde and Volksbank Osterholz-Scharmbeck participated as lead managers.

The €440m facility, which is split ...

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