GHR Rechtsanwälte represented UBS in Tronox refinancing


GHR advised UBS AG, Stamford Branch as to Swiss law in connection with the restructuring and refinancing of Tronox Group, a global leader in the production and marketing of titanium bearing mineral sands and titanium dioxide pigment. UBS AG, Stamford Branch acted as issuing bank, swingline lender, administrative agent and collateral agent. The transaction included the amendment and restatement of the existing senior secured revolving loan and term loan agreements between, amongst others, Tronox, UBS AG, Stamford Branch, as revolving loan agent and Goldman Sachs Bank USA, as term loan agent. Winston & Strawn acted as lead counsel for UBS AG, Stamford Branch. Latham & Watkins acted as lead counsel for Goldman Sachs Bank USA. The GHR Rechtsanwälte team was composed of Marc Grüninger (lead), Markus Brülhart and Marco Fusi.