On December 18, 2023, Global TIP Holdings Two B.V. as company and Global TIP Finance B.V. as borrower received an increased EUR term facility under its existing multicurrency credit facilities agreement with ABN AMRO Bank N.V. as agent and Coöperatieve Rabobank U.A. as security agent, which is guaranteed by, inter alia, PEMA Truck- und Trailervermietung GmbH.

PEMA Truck- und Trailervermietung GmbH is one of the leading commercial vehicle rental companies for complete heavy-duty tractor units in Europe.

Homburger advised Coöperatieve Rabobank U.A. on all Swiss law aspects of the transaction. The Homburger team was led by Daniel Haeberli (Financing) and included Sarah Fasel (Financing) and Yannick Kuster (Financing) as well as Stefan Oesterhelt (Tax).