Global law firm White & Case LLP has advised a consortium of banks on a bonds issuance by Vonovia SE with an aggregate principal amount of £500 million.
The notes have a twelve-year-term and a fixed interest rate of 6.375 per cent. per annum. Vonovia SE intends to use the net proceeds from the issuance of the notes for general corporate and financing purposes of the group, including refinancing of existing debt.
The White & Case team in Frankfurt which advised on the transaction was led by partner Karsten Wöckener and included counsel Peter Becker and associate Domenik Mack.
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