Hogan Lovells advised Shop Apotheke Europe N.V. on the listing and admission to trading of senior unsecured convertible bonds in the aggregate amount of €135 million.
ABN AMRO Bank N.V acted as listing agent for the transaction.
The bonds have been issued in two tranches of €75 and €60 million. The Bonds bear interest of their principal amount of €135 million at a rate of 4.50% per annum and are due in April 2023. The bonds are admitted to trading on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V.
Shop Apotheke will primarily use the net proceeds for its continuous growth strategy, including taking full advantage of the e-script opportunity, a marketplace rollout, enhanced product offering and general corporate purposes
Hogan Lovells advised with a team including Michael Schlitt (Partner, Lead), Dušan Stojkovic (Senior Associate), Eva-Christina Sommer (Business Lawyer), Sara Šepac (Foreign Associate), Christian Schröder (Research Assistant), Andreas Mildner (Research Assistant), Leon Lindemann (Research Assistant) (all Corporate/Capital Markets); Victor de Vlaam (Partner), Leonie Huisman (Counsel), Aafke Pronk (Senior Associate) and Janelle de Ruiter (Associate) (all Corporate).
Involved fees earner: Janelle de Ruiter – Hogan Lovells; Victor de Vlaam – Hogan Lovells; Leonie Huisman – Hogan Lovells; Aafke Pronk – Hogan Lovells; Michael Schlitt – Hogan Lovells; Sara Šepac – Hogan Lovells; Dušan Stojković – Hogan Lovells;
Law Firms: Hogan Lovells;
Clients: Shop Apotheke Europe N.V. ;