IFLR1000

KME $300 million 6.75% bond issue

9/2/2018
High-yield bond/note issue
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$ 300 million

Completed

9/2/2018

Overview:

  • Copper and copper alloy products manufacturer KME issued a $300 million bond to refinance. 
  • The notes have a coupon of 6.75% and mature in 2023. 
  • Goldman Sachs International, BNP Paribas, and Deutsche Bank were global coordinators and joint bookrunners on the transaction. 

Ben Naylor - Regional editor

Jurisdictions:

Germany
Italy

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sectors:

Mining
Natural resources

Firms:
Shearman & Sterling

Party: Goldman Sachs International (Global coordinator, Bookrunner)

Party: BNP Paribas (Global coordinator, Bookrunner)

Party: Deutsche Bank AG Na ON (Global coordinator, Bookrunner)

Party: Banca Akros (Bookrunner)

Party: Banco BPM (Bookrunner)

Party: Banca IMI (Bookrunner)

Party: Raiffeisen Bank International (Bookrunner)

Lawyer: Esther Jansen (retired)

Weil Gotshal & Manges

Party: KME (Issuer)

Lawyer: Heiner Drüke

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