Sirius’ €400 Million Bond Offering

White & Case LLP has advised Deutsche Bank, HSBC and Morgan Stanley on the offering.

Sirius Real Estate Limited (Sirius), a leading operator of branded business and industrial parks in Germany, executed the €400 million bond issue.

The bond has a fixed coupon of 1.125% and matures in 2026, and the notes have been listed on the Euro MTF market of the Luxembourg Stock Exchange. The proceeds will be used to refinance Sirius’ existing debt facilities and for general corporate purposes, including the financing of future acquisitions.

The White & Case team in Frankfurt which advised on the transaction was co-led by partners Karsten Wöckener (Picture) and Rebecca Emory and included partners Bodo Bender, Gernot Wagner, Vanessa Schürmann and Holger Wolf, local partners Peter Becker, Cristina Freudenberger and Daniel Rogits and associates Merve Sismangil, Philipp Kronenbitter, Lukas Hackmann and Sandra D’Ascenzo.

Involved fees earner: Peter Becker – White & Case; Bodo Bender – White & Case; Sandra D’Ascenzo – White & Case; Rebecca Emory – White & Case; Cristina Freudenberger – White & Case; Lukas Hackmann – White & Case; Philipp Kronenbitter – White & Case; Merve Mert-Sismangil – White & Case; Daniel Rogits – White & Case; Vanessa Schürmann – White & Case; Gernot Wagner – White & Case; Karsten Wöckener – White & Case; Holger Wolf – White & Case;

Law Firms: White & Case;

Clients: Deutsche Bank; HSBC; Morgan Stanley;

Author: Federica Tiefenthaler