Deutsche Börse’s €1 Billion Bond Offering

White & Case LLP advised the bookrunners on the offering.

Deutsche Börse Aktiengesellschaft executed a €1 billion bond issue, divided into two tranches.Tranche 1 has a term of five years and does not provide for periodic payments of interest. Tranche 2 has a term of ten years and a fixed coupon of 0.125 %. The notes will be admitted to trading on the regulated markets of the Frankfurt Stock Exchange and the Luxembourg Exchange.

The active bookrunners were Deutsche Bank, BofA Securities, Commerzbank, Morgan Stanley, Société Générale Corporate & Investment Banking and UniCredit Bank. The passive bookrunners were DZ BANK AG, Goldman Sachs Bank Europe SE, Lloyds Bank Corporate Markets Wertpapierhandelsbank and MUFG.

The White & Case team in Frankfurt which advised the bookrunners on the transaction comprised partner Karsten Wöckener (Picture), local partner Peter Becker, counsel Alexander Born and associate Philipp Kronenbitter.

Involved fees earner: Peter Becker – White & Case; Alexander Born – White & Case; Philipp Kronenbitter – White & Case; Karsten Wöckener – White & Case;

Law Firms: White & Case;

Clients: Bank of America Securities; Commerzbank AG; Deutsche Bank; DZ BANK AG; Goldman Sachs Bank Europe; Lloyds Bank Corporate Markets plc; Morgan Stanley; MUFG; Société Générale Corporate & Investment Banking; UniCredit Bank AG;

Author: Federica Tiefenthaler