ADLER Group’s €1.5 Billion Corporate Bond Offering


White & Case LLP has advised ADLER on the deal.

Adler Group S.A. (ADLER), a Luxembourg real estate company, completed the issue of a senior unsecured corporate bond with a total volume of €1.5 billion.

The bond consists of two tranches, the first with an amount of €700 million has a term until 2026 and a fixed annual coupon of 1.875%, and the second with an amount of €800 million has a term until 2029 and a fixed annual coupon of 2.250%. The bond will be listed on the Euro MTF market of the Luxembourg Stock Exchange.

The White & Case team in Frankfurt which advised on the transaction was led by partner Gernot Wagner (Picture) and included partners Bodo Bender, Thilo Diehl, Rebecca Emory and Karsten Wöckener, local partners Cristina Freudenberger and Daniel Rogits and associates Robert Nachama, Philipp Kronenbitter, Daniel Gillenkirch and Patrick Schoelles.

Involved fees earner: Bodo Bender – White & Case; Thilo Diehl – White & Case; Rebecca Emory – White & Case; Cristina Freudenberger – White & Case; Daniel Gillenkirch – White & Case; Philipp Kronenbitter – White & Case; Robert Nachama – White & Case; Daniel Rogits – White & Case; Patrick Schölles – White & Case; Gernot Wagner – White & Case; Karsten Wöckener – White & Case;

Law Firms: White & Case;

Clients: Adler Group;