White & Case Advises DIC Asset on Debut €150 Million Assignable Loans (Schuldscheine) and Registered Notes Issue
Global law firm White & Case LLP has advised DIC Asset AG on its debut on the Schuldschein market and the issuance of registered notes.
The €150 million transaction was divided into five fixed-rate and two floating-rate Schuldschein tranches, and one further fixed rate tranche of registered notes. The Schuldscheine and the registered notes were arranged by Landesbank Hessen-Thüringen Girozentrale and Bayerische Landesbank.
The White & Case team in Frankfurt which advised on the transaction included partner Karsten Wöckener, local partner Cristina Freudenberger and associate Florian Fraunhofer.
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