Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 10-10-2016 | Practice Area: | Debt Capital Markets |
| Deal Title: | EnBW Subordinated Resettable Fixed Rate Bonds | Industry: | Electricity |
| Description: |
Clifford Chance advised the hybrid bond issued in the aggregate principal amount of approximately 1 billion euros, the power company EnBW.
The issue of subordinated resettable fixed rate bond was in two tranches of different currencies: A tranche had a volume of 300 million US dollars, an initial interest rate of 5.125 percent and would mature in 2077. The second tranche had a volume of EUR 725 million, an initial interest rate of 3.375 percent and was also due in 2077.
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| Financial Center: | Frankfurt | Value: | 1000.01-5000.00 |
| Advised Party: | Issuer | Law Firm | Clifford Chance |
| Issuer Jurisdiction | Germany | Listing Jurisdiction | Germany |
| Classification: |
Corporate Bonds Subordinated Debt |
Lawyer | Sebastian Maerker |
