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White & Case Advises Goldman Sachs and HSBC on €400 Million Green Bond Issuance of DIC Asset AG

Global law firm White & Case LLP has advised Goldman Sachs and HSBC on the issuance of a €400 million green bond by DIC Asset AG.

The bond has a maturity of five years, an annual coupon of 2.25% and will be admitted to trading on the Euro MTF segment of the Luxembourg Stock Exchange.

An amount equal to the bond proceeds will be invested 100 percent in suitable sustainable projects in accordance with the DIC Green Bond Framework of September 2021.

The White & Case team in Frankfurt which advised on the transaction was led by partners Rebecca Emory and Karsten Wöckener and included partners Gernot Wagner and Bodo Bender, local partners Peter Becker and Daniel Rogits, counsel Alexander Born and associates Daniel Gillenkirch and Philipp Kronenbitter.

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