Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 15-12-2015 | Practice Area: | Debt Capital Markets |
| Deal Title: | Vonovia Finance BV Issuance of Bonds due 2017, due 2020, due 2023 | Industry: | Real Estate Investment & Services |
| Description: |
Clifford Chance advised a banking consortium including Commerzbank, Credit Suisse, JP Morgan, Merrill Lynch International, Societe Generale and UniCredit Bank on a bond issued by Vonovia Finance BV with a total volume of EUR 3 billion.
The bond guaranteed by Vonovia SE consisted of three tranches: a two-year tranche with variable interest with a volume of EUR 750 million, a five-year tranche with a volume of EUR 1.25 billion and a coupon of 1.625% as well as an eight-year tranche with a volume of EUR 1 billion and a coupon of 2.25%.
The net proceeds of the bond were to be used by Vonovia for general business purposes and/or for the financing of acquisitions.
|
||
| Financial Center: | Frankfurt | Value: | 1000.01-5000.00 |
| Advised Party: | Lead Manager | Law Firm | Clifford Chance |
| Issuer Jurisdiction | Germany | Listing Jurisdiction | Germany |
| Classification: |
Corporate Bonds Senior Debt |
Lawyer | Sebastian Maerker |
