Hengeler Mueller advises Brenntag on placement of corporate bond
28. September 2017
Brenntag AG (“Brenntag”) has successfully placed a new EUR 600 m corporate bond through its subsidiary Brenntag Finance B.V. with an eight-year term and a coupon of 1.125% with institutional investors.
Brenntag will use the proceeds of the bond issue to repay existing financial liabilities and fund the Group’s general business development. The bond will be listed on the Luxembourg Stock Exchange Euro MTF market.
Hengeler Mueller advised Brenntag on the transaction. The Hengeler Mueller team included partner Johannes Tieves as well as associate Torsten Göcke (both Financing, Frankfurt).