Berlin—Global law firm Dentons has advised numerous national and international banks and savings banks in their capacity as promissory note holders of the IFA Group in the context of the sale of IFA Holding GmbH to the Munich-based family office AEQUITA as well as on the financial restructuring, including comprehensive amendments to the financing documentation. 

In the summer of 2019, Dentons had advised the same group of creditors on the comprehensive restructuring of the automotive supplier and since then has acted as the Schuldschein representative. 

During the now-completed sale of IFA Group to AEQUITA, the complex financing structure was restructured, and Dentons continues to act as Schuldschein representative. With turnover of half a billion euros and 2,600 employees, the IFA Group is one of the leading manufacturers of drive shafts and cardan shafts for well-known national and international automotive manufacturers with production sites in Germany, Poland, China and the USA.

Advisors to the promissory note holders of IFA

Dentons (Berlin/Munich): Andreas Ziegenhagen (Lead Partner, Restructuring, Berlin/Frankfurt), Dr. Matthias Eggert (Partner, Banking and Finance, Munich), Dr. Detlef Spranger (Counsel, Berlin), Alina Bresler (Counsel, Munich), Franziska Nordmann (Associate, Berlin, all Restructuring), Shirin Piroth-Amiri (Associate, Banking and Finance, Munich), Monika Eiselt (Associate, Banking and Finance, Munich).

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