Hengeler Mueller advised Fraport AG on the transaction.
The international airport operator Fraport AG has successfully placed a bond with a total volume of EUR 1.15 billion in two tranches via an innovative offer structure.
The first tranche with a volume of EUR 800 million has a term of seven years and a fixed coupon of 1.875 % p.a.
The second tranche with a volume of EUR 350 million was issued to increase a bond already issued last year with a fixed coupon of 1.625 % p.a., maturing in July 2024. The bond is one of the biggest unrated Euro corporate emissions ever issued in the capital markets.
One of the leading players in the global airport business, Fraport AG offers a wide range of operational and management solutions based on over 95 years of aviation expertise.
The Hengeler Mueller team included Hendrik Haag (Picture), Dominik Stolz and Alexander Wellerdt.
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