Corporate Loans | Jul 25, 2011

Syndicated loan for ANZAG

Helaba, together with Deutsche Bank, is financing operating funds amounting to EUR 200 million for Andreae-Noris Zahn AG (ANZAG). The two banks also function as Bookrunner and Arranger. The financing has been syndicated for Commerzbank, Deutsche Apotheker- und Ärztebank, Deutsche Postbank, DZ Bank, LBBW, Nord LB and West LB.

The credit line provided can be utilized for daily, bilateral drawings. The advantage of this financing structure lies in the high funding security for customers via a syndicated working capital facility. Compared with a traditional loan for operating funds on a rollover basis it offers much greater flexibility through the possibility of short-term drawings.

Andreae-Noris Zahn AG is a company of the Alliance Boots Group. With around 2,700 employees, three foreign participations in Croatia, Rumania and Lithuania, as well as annual sales of more than € 4 billion, the company is one of the leading pharmaceutical wholesalers in Germany.


Investment	Operating funds
Customer	Andreae-Noris Zahn AG (ANZAG)
Type of funding	Syndicated Working Capital Facility
Duration	3 years
Volume	Total volume: EUR 200 Mio. of which, Helaba: EUR 30 Mio.
Function of Helaba	Mandated Bookrunner and Mandate Lead Arranger (together with Deutsche Bank)
Division/Department	Corporate Loans
Closing/Funding	July 2011

Tim Austrup

Head of Corporate Loans

Tel. (+49) 69/91 32-22 80

Fax (+49) 69/91 32-57 51

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