Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.
We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.
Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.
The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas
Arendt has, in cooperation with lead counsel Latham & Watkins, advised an ad hoc committee of senior secured noteholders on Luxembourg law in connection...
Luxembourg
Arendt has, in cooperation with lead counsel Latham &
Watkins, advised an ad hoc committee of senior secured
noteholders on Luxembourg law in connection with the successful
amendment and extension of the senior secured notes of the issued
by Graanul Invest group, Europe's largest producer of
industrial-grade sustainable wood pellets.
The transaction, which closed on 27 August 2025, received
overwhelming support from more than 99% of noteholders. It involved
a €55 million partial paydown and the exchange of €630
million senior secured fixed and floating rate notes for
approximately €581 million of new and amended notes due
2029.
This landmark transaction is an important step in strengthening
Graanul Invest's capital structure and reflects the ability of
international investors to work constructively with the company to
achieve a sustainable financing solution. It also illustrates once
again the flexibility and robustness of the Luxembourg regime
applicable to financial collateral arrangements.
Contributor
About Arendt
Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.
We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.
Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.
The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas
