March 20, 2008
Baker & McKenzie LLP Represents Expert Corporation in Debt Restructuring
Chicago, IL, March 20, 2008 - Baker & McKenzie LLP represented Expert Corporation, an Illinois-based company, in connection with a debt restructuring , involving the rescheduling of senior debt in the amount of US$5,250,000.00 and the issuance of an additional US$2,000,000 in subordinated debt. The lending institutions involved were Fifth Third Bank, an Ohio banking corporation, and Fifth Third Bank (Chicago), a Michigan banking corporation.
Expert Corporation is an Illinois-based company, owned by several European investment funds, that provides emissions solutions and develops front-end modules and structural components for the automotive industry.
The Baker & McKenzie team was led by Banking & Finance Partner Jose Moran with the assistance of associate Andres Vidal and paralegal Nancy Vidad, all from the Chicago office. Fifth Third Bank was represented by Dykema Gossett PLLC and Fifth Third Bank (Chicago) by Thiedmann & Edler.