GELF completes €800 million refinancing
Client(s) Goodman European Logistics Fund
Jones Day advised Goodman European Logistics Fund, a real estate fund which invests in industrial properties throughout Europe, in connection with its €800 million (US$1.1 billion) refinancing, including: a €300 million term loan facility arranged by Aareal Bank AG and secured against the fund's German and Polish assets; a €100 million term loan facility arranged by ING Bank NV and secured against the fund's Dutch assets; and an unsecured €400 million revolving credit facility arranged by ING Bank NV, BNP Paribas, and The Royal Bank of Scotland plc.