On February 7, 2007, our client received the amount of 44.7 million Euros as a result of the undisclosed cross-border private placement of a future receivables monetisation maturing 2012.

Paeffgen Rechtsanwaltsgesellschaft mbH advised the German client on the cross-border structured finance transaction, based on the credit of the account receivable. Theo Paeffgen, Rechtsanwalt and Solicitor, led the transaction supported by Michael Steinsieck, Rechtsanwalt.