Clearwater International advises Infraserv on its €150m issuance of promissory notes
Clearwater International has advised Infraserv GmbH & Co. Höchst KG (Infraserv) on the issuance of promissory notes.
The promissory notes, with tenors of up to seven years, consist of multiple EUR tranches with a balanced maturity profile. The additional financing instruments will safeguard liquidity as well as ensure operational flexibility in light of the envisaged investment programme in a volatile market environment.
Infraserv operates a 460-hectare industrial park in Hoechst, near Frankfurt am Main, Germany. The industrial site and research centre hosts around 90 companies from the pharmaceutical, biotechnology, chemicals, crop protection, and food additives industry. The company offers individual, modular services, as well as innovative, integrated service solutions and complete site operations. With over 2,800 employees, Infraserv generated sales of more than €1.1bn, in 2021.