Shop Apotheke’s €135 Million Senior Unsecured Convertible Bonds Offering

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 Stojkovi? – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Shop Apotheke Europe N.V. ;