Hogan Lovells advises Katjes on issuance of around €110 million corporate bonds

Led by Frankfurt partner Michael Schlitt and Counsel Susanne Lenz Hogan Lovells has advised Katjes International GmbH & Co. KG on the issuance of a new corporate bond. The company will receive proceeds of about €107.2 million from the issuance of the new corporate bonds. Bankhaus Lampe KG acted as Sole Global Coordinator and Sole Bookrunner for the transaction. The corporate bond will have a maturity of five years and a fixed annual interest rate of 4.25% p.a. The new bonds will be admitted to the Quotation Board, an Open Market segment at Frankfurt Stock Exchange. The corporate bond was placed with retail and institutional investors.


The corporate bond will have a maturity of five years and a fixed annual interest rate of 4.25% p.a. The new bonds will be admitted to the Quotation Board, an Open Market segment at Frankfurt Stock Exchange. The corporate bond was placed with retail and institutional investors.

Katjes International will primarily use the net proceeds for the early redemption of its 2015 bond and for the realization of possible acquisitions and investments, primarily in the European confectionary market, as well as for the grant of loans to subsidiaries and associated companies of Katjes International.

Hogan Lovells previously advised Katjes International on the issuance of the 2011 bond amounting to €30 million, a stock-up to €45 million in 2012 and on the placement of corporate bond in the amount of €60 million in 2015 as well as the stock-up to €95 million in 2017.

Hogan Lovells for Katjes International GmbH & Co. KG

Frankfurt

Prof. Dr. Michael Schlitt (Partner, Lead), Dr. Susanne Lenz (Counsel, Lead), Daria Latysheva (Senior Associate), Dušan Stojković (Senior Associate), Eva-Christina Sommer (Business Lawyer), Sara Sepac (Research Assistant), Christian Schröder (Research Assistant), Michelle Pohl (Research Assistant) (Corporate/Capital Markets).

Düsseldorf

Dr. Heiko Gemmel (Partner), Anne-Svenja de Kiff (Senior Associate, both Tax).

Luxemburg

Gérard Neiens (Partner, Tax);

Pierre Reuter (Partner), Ariane Mehrshahi (Counsel), Agathe Laissus (Associate), Agnes Merz (Trainee, all Capital Markets).



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