Clifford Chance advises placement agents and investors on Currenta Group’s €125 million high yield tap issuance

Global law firm Clifford Chance has advised the placement agents on the tap issuance of Currenta Group Holdings S.à r.l.’s €125 million floating rate (EURIBOR+4.000%) senior secured notes due 2032. A separate Clifford Chance team represented institutional investors on the private placement.

Clifford Chance previously advised the international banking syndicate on Currenta Group’s inaugural €1 billion issuance of 5.500% fixed rate senior secured notes and floating rate (EURIBOR +4.000%) senior secured notes, due 2030 and 2032, respectively.

The Clifford Chance team advising the placement agents was led by partner Axel Wittmann, with associate Dimitrios Valkanas (both Capital Markets, Frankfurt). The Clifford Chance team advising the institutional investors was led by partner George Hacket, with Counsel Andrei Manea (both Capital Markets, Frankfurt) and US Law Clerk Rory Farquharson (Capital Markets, London).