White & Case Advises Bank Syndicate on Nordex Group €275 Million High Yield Bond Issuance
Global law firm White & Case LLP has advised a bank syndicate led by BNP Paribas, HSBC, J. P. Morgan and UniCredit on the €275 million high yield bond issuance by Nordex, a wind turbine manufacturer.
The high yield bond has a maturity of five years and a 6.5% coupon rate. The proceeds from the placement will be used for the early repayment of existing liabilities. The bond is certified as a ‘Green Bond’ by the Climate Bonds Initiative.
The White & Case team which advised on the transaction was led by partner Rebecca Emory (Frankfurt) and included partners Gernot Wagner, Karsten Woeckener, Vanessa Schuermann, Lutz Kraemer (all Frankfurt), Karl-Jörg Xylander (Berlin) and Bodo Bender (Frankfurt), local partners Sebastian Schrag, Florian Ziegler, Cristina Freudenberger and Thilo Diehl (all Frankfurt), counsel Alexander Born (Frankfurt) and associates Mansha Malhotra, Eva Maryskova, Irina Schultheiss, Justin Tevelein, Kirsten Donner and Tobias Gans (all Frankfurt). Lawyers from White & Case offices in the UK, Italy, France, Sweden, Singapore, Spain, Mexico, South Africa, Turkey and the US also advised.
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