Bastei Lübbe restructures corporate financing with NCF
Cologne — NETWORK Corporate Finance (NCF) advised the Executive Board of Bastei Lübbe AG on the restructuring of its entire corporate financing, including an acquisition financing for the purchase of the “smarticular” publishing house.
As part of this restructuring of Bastei Lübbe AG’s corporate financing, the entire debt financing was aligned for the long term and supplemented by acquisition financing for the purchase of the publishing house “smarticular”, which specializes in sustainability. This allowed the old, very complex syndicated financing to be replaced by flexible, cost-effective financing on a bilateral basis.
About Bastei Lübbe AG
Listed Bastei Lübbe AG is one of Germany’s largest and best-known publishing houses, specializing in the publication of books, audio books, and e‑books with fiction and popular science content, as well as periodical novel issues. International and national bestselling authors such as Ken Follett, Dan Brown, Jeff Kinney, Rebecca Gablé, Petra Hülsmann, Andreas Eschbach, Timur Vermes and many more have been publishing their books at the Cologne publishing house, in some cases for decades. With the acquisition of “smarticular,” Bastei Lübbe AG is expanding and supplementing its content on the topic of sustainability. www.luebbe.de
Network Corporate Finance is an independent, owner-managed advisory firm focused on mergers and acquisitions, capital markets transactions, and equity and debt financing. We advise both established and young companies in a wide range of industries. With our team of more than 20 employees at our offices in Düsseldorf, Berlin and Frankfurt, we have established ourselves as one of the most successful independent corporate finance consulting firms in Germany since our foundation in 2002.