alstria issues a EUR500 million bond

The new bond is issued as a fixed-rate unsecured bond in a nominal amount of EUR 500m. The proceeds from the issuance of the new bond will be used to repurchase three outstanding corporate bonds and for general corporate purposes.

In this context, A&O Shearman advised Alstria on a tender offer for the three outstanding corporate bonds due 2025, 2026 and 2027. Outstanding bonds with a total nominal amount of approx. EUR540m were repurchased by way of a tender offer.

The A&O Shearman team was led by partner Martin Scharnke (capital markets, Frankfurt) and also included partners Dr. Hans Diekmann (corporate, Düsseldorf) and Dr. Heike Weber (tax, Frankfurt), counsel Christian Klöpfer (capital markets, Frankfurt), senior associate Dr. Jan-Benedikt Fischer (corporate, Hamburg), associates Florian Seck, Faria Fagirzai (both capital markets, both Frankfurt), Luise von Stern (corporate, Hamburg), Niklas Kniess and Damian Snop (both tax) and senior business lawyer Corinna Dreyer (all Frankfurt). Partner Marc Plepelits and senior associate Martin Schmidt (both U.S. corporate finance, both Frankfurt) advised on U.S. law issues. In addition, a team from the firm's Luxembourg office advised on aspects of Luxembourg law.