A&O advises on EUR1 billion (equivalent) high yield bond issuance by ams-OSRAM AG

The company intends to use the proceeds, which were initially deposited into segregated accounts, together with proceeds of certain other financing transactions, to repay indebtedness, including the company’s existing senior notes, as well as for general corporate purposes and to pay related fees and expenses.

The A&O team was led by high yield partner Marc Plepelits, senior associates Martin Schmidt and Rita Thomas, and associates Sonali Sharma and Qi Xie (all US Corporate Finance, all Frankfurt). Cross-border banking, capital markets and tax teams from A&O’s Antwerp, Brussels, Frankfurt, London, Munich, New York and Singapore offices also advised on the transaction.