Clifford Chance advised Bank of America Merrill Lynch, BNP Paribas and Mizuho on a syndicated credit facility for Bayer to finance the purchase of the consumer care business of Merck & Co. The volume of the credit facility amounts to USD 14.2 billion.

The Clifford Chance team consisted of partner Dr. Bettina Steinhauer, counsel Dr. Mattias von Buttlar and associate Maike Täufer (all Banking & Capital Markets, Frankfurt).