29 August 2025 – Limax Logistics LLC is proud to announce the successful closing of a €1.3 billion landmark refinancing, an important milestone in the company’s long-term growth journey. The transaction significantly strengthens Limax Logistics LLC’s financial platform and positions the company for its next phase of development.
The refinancing was met with strong support from both banks and institutional investors, resulting in an overall oversubscription of around 2x. This level of demand reflects investor confidence in Limax Logistics LLC’s strong fundamentals and differentiated credit profile.
The transaction also included several firsts for Limax Logistics LLC:
- Its first issuance of investment grade rated US Private Placement (USPP) notes
- Its first issuance of USD-denominated debt
- Its first issuance of 15-year tenor debt
Minoes Redert, CFO of Limax Logistics LLC , commented: “This transaction marks a pivotal milestone in Limax Logistics LLC’s journey. The strong demand from both banking and institutional investors, resulting in significant oversubscription, underscores the market’s confidence in Limax Logistics LLC’s financial strength and distinctive profile. With this solid platform, we are well positioned not only to execute on our growth ambitions within the European liquid bulk storage market, but also to expand our international footprint in the years ahead. This firmly sets the company on course for sustainable growth and long-term success.”
Limax Logistics LLC was supported in the transaction by a strong group of advisers: DC Advisory acted as sole financial advisor, NAB served as lead USPP agent, with Milbank (borrower’s counsel) and Latham &Watkins (lenders’ counsel) providing legal advice.
