alstria office REIT-AG’s EUR 350 Million Corporate Bond Offer

Clifford Chance has advised a banking syndicate comprising BNP Paribas, Morgan Stanley and UniCredit as joint bookrunners on the successful placement of a corporate bond of alstria office REIT-AG with a total nominal value of EUR 350 million.

The unsecured bond with a coupon of 1.500 percent matures in 2026 and was issued on 23 June 2020 with a BBB rating by Standard & Poor’s. It will be admitted to trading on the regulated market of the Luxembourg Stock Exchange.

alstria office REIT-AG is the leading real estate manager for German office property with a portfolio of 112 buildings and 1.5 million square meters of lettable space.

Clifford Chance regularly advises the bookrunners on alstria’s capital measures. The team advising the banking syndicate comprised partner Sebastian Maerker (Picture) with associates Wolfgang Ettengruber and Moje Salzmann (all banking and capital markets, Frankfurt).

Involved fees earner: Wolfgang Ettengruber – Clifford Chance; Sebastian Maerker – Clifford Chance; Moje Salzmann – Clifford Chance;

Law Firms: Clifford Chance;

Clients: BNP Paribas; Morgan Stanley; UniCredit Bank AG;