€800m restructuring for Wohnbau Mainz

Wohnbau Mainz (2) Client Wohnbau Mainz GmbH is the residential real estate company of the city of Mainz (Germany) offering 10,600 apartments for rent
Deal Type Restructuring
Sector Business Services – Real Estate
Deal Capitalmind advised Wohnbau Mainz on the € 800m structuring and refinancing of all financial liabilities – one of the largest refinancing transactions of a German residential housing company
  • After securing sufficient short-term liquidity, Capitalmind managed the conception and implementation of a financing structure, which is sustainable in the long term
  • The new financing strategy is based on an in-depth analysis and redesign of the loan- and collateral portfolio proposed by Capitalmind led to a significant increase in debt capacity, thus, the existing cross- collateralization had to be realigned
  • Moreover through a forward-looking valuation of interest derivatives, Capitalmind also provided the basis for the decision whether to keep or terminate existing derivatives