Tax Court Cologne, 10 K 771/16

Date:

29.06.2017

Court:

Cologne Fiscal Court

Adjudicative body:

10th Senate

Decision type:

Verdict

File number:

10 K 771/16

ECLI:

ECLI:DE:FGK:2017:0629.10K771.16.00

Tenor:

The action is dismissed.

The Orders the applicant to pay the costs.

The appeal is admitted.

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Loan amount

Collateral

Rank

Duration

Bank loan

EUR ... million

Assignments

First priority

TLA until 30.6.2017

Seller loan

EUR ... million

None

Subordinate

TLB until 30.6.2018

Shareholder loan

EUR ... million

None

Subordinate

Until 31.12.2021

Repayment structure

Bank loan

EUR ... million

Linear

Cash-effective

TLA Euri-bor + 4,25%

EUR ... million

Final due

Cash-effective

TLA Euri-bor + 4,50%

Seller loan

Final due

Accumulating

10%

Shareholder loan

Final due

Accumulating

8%

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54