☰

Sidley Austin LLP Advises GEWOFAG Gemeinnutzige Wohnungsfursorge Aktiengesellschaft Munich on the Restructuring of Heimag Munchen Gemeinnutzige Heimstatten-Aktiengesellschaft


    The international law firm Sidley Austin LLP advised GEWOFAG
    Gemeinnutzige Wohnungsfursorge Aktiengesellschaft Munich on the
    refinancing of the acquisition costs for the purchase of shares in
    Heimag Munchen Gemeinnutzige Heimstatten-Aktiengesellschaft. The
    purpose of the restructuring was to design the refinancing (with the
    participation of Heimag and co-shareholder GWG Gesellschaft fur
    Wohnungs- und Gewerbebau Baden-Wurttemberg AG in Stuttgart) to avoid
    the fiscal limitation for building societies by means of EK02-taxation
    so that a refinancing in the international capital markets would be
    possible.

    The Sidley team was led by Werner Geisselmeier (Tax), Dr. Georg
    Rutzel (Corporate and antitrust law) and Dr. Jens Rinze (Finance).

    Since its opening in 2006, the Frankfurt office of Sidley has
    advised clients in the field of banking and capital markets law as
    well as corporate finance, focusing on the financing of acquisitions,
    IPOs, securitization and structured finance. Lawyers in the Frankfurt
    office are also experienced in structuring REITs and other innovative
    investment vehicles, and advise international and national clients on
    all matters relating to corporate law, M&A and private equity
    transactions, including public takeovers as well as matters relating
    to tax structure.

    Sidley Austin LLP is one of the world´s largest full-service law
    firms, with more than 1800 lawyers practicing in 16 U.S. and
    international cities including Beijing, Brussels, Frankfurt, Geneva,
    Hong Kong, London, Shanghai, Singapore, Sydney and Tokyo. Every year
    since 2003, Sidley has been named to Legal Business´ Global Elite,
    their designation for "the 15 finest law firms in the world." BTI, a
    Boston-based consulting and research firm, has named Sidley to their
    Client Service Hall of Fame as one of only two law firms to rank in
    the Client Service Top 10 for seven years in a row.

    For purposes of the New York State Bar rules, this press release
    may be considered Attorney Advertising and the headquarters of the
    firm are Sidley Austin LLP 787 Seventh Avenue, New York, NY 10019,
    212.839.5300 and Sidley Austin LLP One South Dearborn, Chicago, IL
    60603, 312.853.7000. Prior results described herein do not guarantee a
    similar outcome.