Overview
International law firm McDermott Will & Emery represented the European Depositary Bank S.A. on its financing of a revolving credit facility provided to econnext AG,”), a ClimateTech Holding Company with a focus on decarbonisation and circular economy.
Founded in 2016, econnext holds majority positions in a group of subsidiaries that are dedicated to creating a long-term, profitable and scalable positive impact on the environment in line with the UN Sustainable Development Goals (“SDGs”). European Depositary Bank SA is part of the Apex Group. As an independent provider free from institutional influences, it can deliver an agile and responsive cross-jurisdictional service in an ever-changing regulatory environment.
McDermott’s cross-border team was led by partner Aymen Mahmoud and included partner Ludwig Zesch (Frankfurt), senior associate Nicholas Jupp with associates Michael Spirk (Frankfurt), Bethany Drayton and Laura Sollacher (Frankfurt).
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
