White & Case LLP has advised a bank syndicate led by BNP Paribas, HSBC, J. P. Morgan and UniCredit on the €275 million high yield bond issuance by Nordex.
The high yield bond has a maturity of five years and a 6.5% coupon rate. The proceeds from the placement will be used for the early repayment of existing liabilities. The bond is certified as a ‘Green Bond’ by the Climate Bonds Initiative.
Nordex SE develops, produces, installs, and maintains electricity-generating wind turbines. The Company led by Jose Luis Blanco Dieguez, Patxi Landa and Christoph Burkhard, in 2016 recorded €3.395 Billion revenues.
The White & Case team which advised on the transaction was led by partner Rebecca Emory (Picture) and included partners Gernot Wagner, Karsten Woeckener, Vanessa Schuermann, Lutz Kraemer (all Frankfurt), Karl-Jörg Xylander (Berlin) and Bodo Bender (Frankfurt), local partners Sebastian Schrag, Florian Ziegler, Cristina Freudenberger and Thilo Diehl (all Frankfurt), counsel Alexander Born (Frankfurt) and associates Mansha Malhotra, Eva Maryskova, Irina Schultheiss, Justin Tevelein, Kirsten Donner and Tobias Gans (all Frankfurt). Lawyers from White & Case offices in the UK, Italy, France, Sweden, Singapore, Spain, Mexico, South Africa, Turkey and the US also advised.
Involved fees earner: Rebecca Emory – White & Case; Gernot Wagner – White & Case; Karsten Wöckener – White & Case; Lutz Krämer – White & Case; Bodo Bender – White & Case; Cristina Freudenberger – White & Case; Thilo Diehl – White & Case; Mansha Malhotra – White & Case; Irina Schultheiß – White & Case; Karl-Jörg Xylander – White & Case; Tobias Gans – White & Case; Sebastian Schrag – White & Case; Florian Ziegler – White & Case; Justin Tevelein – White & Case; Kirsten Donner – White & Case; Alexander Born – White & Case;
Law Firms: White & Case;