Stibbe advises Basic-Fit
Matter
NL Law
Expertise
Stibbe advised Basic-Fit on the amendment of its finance agreements with its banks.
Given the current dynamic environment and the uncertainties in relation to the development of the COVID-19 pandemic, Basic-Fit has successfully negotiated with its syndicate banks a waiver and relaxation on its loan covenants for its existing €550 million multicurrency term, revolving and GO-C facilities.