Techem to refinance senior secured, senior subordinated notes

New York, July 12 – Techem GmbH plans to refinance its existing debt, including its €410 million of senior secured notes and its €325 million of senior subordinated notes.

To carry out the refinancing and recapitalization, the company intends to obtain new senior secured term and revolving credit facilities, according to a company news release.

Techem is an Eschborn, Germany-based provider of energy billing and energy management services for real estate.

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