Katjes’ €35 million corporate bonds Offering


Hogan Lovells advised Katjes International GmbH & Co. KG on the tap offering of corporate bonds due 2020.

Katjes International GmbH & Co. KG, together with its subsidiaries, manufactures and sells confectionary products in Germany. The company, led by Bastian Fassin, Tobias Bachmüller, Stephan Milde and Stefan Feit, is based in Emmerich.

The new bonds will be issued on the same terms and conditions as the € 60 million bonds were issued by Katjes on May 15, 2015. However, the new bonds will be issued at 102% becoming due May 15, 2020 with a fixed annual interest rate of 5.5%. The new bonds will be fully fungible with and assimilated to the € 60 million bonds previously issued by Katjes on May 15, 2015. The new bonds will be placed with institutional investors and admitted to the entry standard for corporate bonds on the Düsseldorf stock exchange.

Katjes will primarily use the net proceeds for further growth in the Western European confectionary market.

Hogan Lovells advised Katjes International GmbH & Co. KG with Prof. Dr. Michael Schlitt (Partner), Dr. Susanne Lenz (Counsel), Stefan Reitemeyer (Associate), Robert Lindner (Foreign Associate, Capital Markets, Frankfurt);

Dr. Patrick Mittmann (Partner, Banking and Finance, Frankfurt).

Involved fees earner: Michael Schlitt – Hogan Lovells; Susanne Lenz – Hogan Lovells; Stefan Reitemeyer – Hogan Lovells; Patrick Mittmann – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Katjes International GmbH & Co. KG;