Clifford Chance advises Linde plc on €1.75 billion triple series bond issue

Global law firm Clifford Chance has advised Linde plc on a successful triple tranche bond issuance with a total volume of €1.75 billion. The bonds were issued by Linde plc under its €20 billion Debt Issuance Programme.

The issuance comprised three series of €600 million floating rate notes maturing in 2027, €650 million notes with a 3.125% coupon, maturing in 2032 and €500 million notes with a 3.750% coupon, maturing in 2038.

The syndicate for this transaction included HSBC Continental Europe, Société Générale, UniCredit Bank GmbH, Bank of China (Europe) S.A., Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., Standard Chartered Bank, Australia and New Zealand Banking Group Limited, Bayerische Landesbank, Landesbank Baden-Württemberg, Landesbank Hessen-Thüringen Girozentrale, Skandinaviska Enskilda Banken AB (publ) and BNY Mellon Capital Markets, LLC.

The Clifford Chance team was led by partner Cristina Freudenberger and further comprised counsel Henrik Gildehaus and transaction lawyers Lilli Neubauer and Felicitas Fischer (all Capital Markets, Frankfurt).