(1888PressRelease)
June 23, 2009 - The bridge serves to finance Adam Opel GmbH and certain companies of the General Motors Europe group until the current process of setting up a partnership with new investors is finalised.
Commerzbank acted as Debt Advisor to Adam Opel GmbH on this transaction. Marco Molinari, CFO of Adam Opel GmbH, said: "We have received excellent structuring advice.
The team's experience with public-backed financings and execution skills were instrumental in putting a transaction together very quickly within a few weeks under extremely challenging circumstances."
About Commerzbank
We are a reliable partner and an effective provider of financial services to private customers. We are the best bank from the point of view of German SMEs, and as such we successfully support our customers’ business activities – here in Germany and worldwide.
With the merging of Dresdner Bank into Commerzbank in May 2009, a new leading bank is formed: the new Commerzbank is building on its strengths as a relationship bank for private and corporate customers in Germany, as a strong universal bank with many years of effective and comprehensive experience built up by two long-established institutions.
https://www.commerzbank.com
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