Carsted Rosenberg Advises on Heidelberger Druckmaschinen AG EUR 205,400,000 High Yield Bond

Heidelberger Druckmaschinen AG successfully issued EUR 205,400,000 German-law governed 8.00% high-yield bonds due 2022.

Cravath Swaine & Moore and Hengeler Müller advised BNP Paribas, Commerzbank, HSBC, Landesbank Baden-Württemberg, DZ Bank and IKB Deutsche Industriebank lead by Deutsche Bank, on the bond issue.

Lead by global law firm Clifford Chance, Frankfurt and London, as global lead counsel, Clifford Chance, New York, Clifford Chance, London, Clifford Chance, Amsterdam, Clifford Chance, Paris, Clifford Chance, Singapore, Clifford Chance, Tokyo, Clifford Chance, Hong Kong, Fasken Martineau DuMoulin, Toronto, King & Wood Mallesons, Sydney, Wolf Theiss, Vienna and Carsted Rosenberg all acted as local counsels to Heidelberger Druckmaschienen AG on the successful issue of the EUR 205,400,000 High Yield Bonds.

The new notes are listed on the official list of the Luxembourg Stock Exchange and were admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange. Clifford Chance previously represented Heidelberg on its 2011 and 2013 issuances of high-yield notes and Carsted Rosenberg asisted as local counsel for Denmark in relation to the transaction. In total, the transaction spanned a total of 24 jurisdictions and required a close cross-border coordination world-wide.

As a specialist law firm, Carsted Rosenberg supports international law firms, issuers and financial institutions with bespoke legal counsel services in relation to Danish capital markets law in connection with large-scale cross-border transactions with a Danish element. Our close cooperation and transactional expertise ensures a successful outcome.

For more information on our capital markets transaction expertise please contact Michael Carsted Rosenberg or Andreas Tamasauskas to discuss any matters in relation to capital markets law and high-yield bonds in Denmark.