Clearwater has acted as sole financial adviser to the industrial park operator Infraserv GmbH & Co. Hoechst KG (Infraserv Höchst) on the structuring of an unsecured mid-term financing facility.
Clearwater was mandated by Infraserv Höchst to structure and arrange a syndicated loan facility which enables Infraserv Höchst to implement various major investment projects, including the modernisation of the park's energy supply infrastructure.
Infraserv Höchst Group operates the 460-hectare industrial park in Hoechst near Frankfurt am Main, Germany, an industrial site and research center for approximately 90 companies active in the pharmaceutical, biotechnology, chemicals, crop protection and food additives industries. The company offers individual, modular services, as well as innovative, integrated service solutions and complete site operations. With more than 2,700 employees and 193 apprentices, the group generated sales of more than 1 billion Euro in 2018. Infraserv Höchst is jointly owned by Clariant, Sanofi-Aventis, and Celanese.
