White & Case advises J.P. Morgan on TMD deal
White & Case LLP has advised J.P. Morgan as initial purchaser on TMD Friction’s issuance of €350 million senior secured notes due 2031, and J.P. Morgan and DZ BANK as lenders on TMD Friction’s €35 million super senior revolving credit facility with a maturity of 4.5 years.
TMD Friction is a manufacturer and supplier of brake friction materials for passenger cars and commercial vehicles, owned by private investment firm Aequita.
The White & Case team
The White & Case Frankfurt team advising on the transaction was led by partners Rebecca Emory, Vanessa Schürmann, and Gernot Wagner. They were supported by partners Bodo Bender and Sebastian Schrag, counsel Alexander Born, and associates Jan-Christopher Wilhelms, Misbah Qamar, Hüseyin Sarigül, and Yulia Chembulatova.
