Skip to content

Allen & Overy advises banking syndicate in connection with the issue of a EUR 500 million bond of Deutsche Wohnen AG

27 July 2015

Allen & Overy LLP advised a banking syndicate in connection with the successful initial placement of a corporate bond of Deutsche Wohnen AG with a total volume of EUR 500 million.
The banking syndicate comprised Deutsche Bank, Goldman Sachs, Société Générale, UBS and UniCredit.
The unsecured bond maturing on 24 July 2020 and paying a fixed coupon of 1.375% was successfully placed with institutional investors in selected jurisdictions and has been admitted to trading on the regulated market of the Luxembourg Stock Exchange.

With the transaction, Deutsche Wohnen AG successfully completes its announced refinancing with a total amount of EUR 1.5 billion.

The Allen & Overy team was led by partner Christoph Enderstein and comprised counsel Michael Becker and associate Sandra Ziener (all international capital markets, Frankfurt), counsel Klaus Hahne (tax, Frankfurt) and partner Frank Mausen and associate Paul Weber (international capital markets, Luxembourg).

The German debt capital markets practice of Allen & Overy advises issuing banks and issuers in connection with domestic and international capital market transactions, in particular on bonds, Pfandbriefe, securitised derivatives, structured notes, Schuldscheine and debt issuance programmes as well as all related regulatory issues.

Related expertise