Elvinger Hoss Prussen provided legal advice to Aareal Bank AG for the purpose of implementing a EUR 40 million refinancing deal to a Starwood Capital Hotel in Denmark.
In the context of the transaction Aareal Bank AG was, among others, granted a Luxembourg law governed pledge on receivables and a Luxembourg law governed professional payment guarantee.
The team was led by partner consisted of partner Katia Panichi, senior associate Caroline Bocklandt and associate Tania Anton Garrido.