Körber €600 million debut schuldschein issue

27/11/2015
Schuldschein

€ 600 million

$ 636.42 million

Completed

27/11/2015


Overview:

  • Körber sold a €600 million schuldschein (promissory note) in what was a first issue of this type for the company. 
  • The notes were issued in three tranches with maturities of five, eight and 10 years.
  • Based in Hamburg, the issuer is the holding company for a technology group focused on various business areas, including machine tools and tobacco.  
  • Commerzbank and Helaba Landesbank Hessen-Thüringen were arrangers on the transaction.
  • Neither lender used outside counsel on the transaction. 

Ben Naylor - Regional Editor

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in