News and developments

Homburger advised Alchemy US Holdco 1 LLC on the refinancing of its term loan and ABL credit agreements

In July 2024, Alchemy US Holdco 1, LLC renewed its credit financings and entered into a term loan credit agreement with HPS Investment Partners, LLC as term loan agent and an ABL credit agreement with KeyBank National Association as ABL agent and joint collateral agent. The accession of Alchemy Transatlantic-S GmbH and the granting of the comprehensive security package involving various jurisdictions was completed in October 2024. Homburger advised Alchemy on all aspects of Swiss law with the transaction.

Alchemy produces non-ferrous metal powders, with a focus on copper and aluminum powder, serving diverse end-markets including chemicals, automotive, and industrial sectors worldwide.

The Homburger team was led by Daniel Haeberli and included Simone Gloor and Manuel Adassery (all Financing) as well as Stefan Oesterhelt (Tax).