Global law firm Dentons has advised Bayerische Landesbank, Commerzbank, Deutsche Bank, J.P. Morgan and UniCredit as Joint Lead Managers in connection with the successful placement of a bond Issuance by SIXT SE.
The bonds, with an aggregate nominal amount of €300 million and a fixed interest rate of 1.75%, are due on December 9, 2024 and have been admitted to trading on the regulated market of the Luxembourg Stock Exchange.
The Dentons team, led by partner Oliver Dreher with support from senior associate Philippa Münnich-Winter (both Frankfurt, Debt Capital Markets), has a solid track record in advising leading placement banks and companies on corporate bonds, both in stand-alone transactions and issuance programs.
Oliver Dreher commented on the transaction: “My team and I have been repeatedly instructed by placement banks on capital markets financing transactions for SIXT SE. We are delighted that the Joint Lead Managers now entrusted us with advising them on the first bond issuance of SIXT under its recently established €2,500,000,000 Debt Issuance Programme, on which we also advised the Arranger and the Dealers.”
SIXT SE, which is headquartered in Pullach close to Munich, is among the leading international providers of mobility solutions and generated a turnover of €3.31 billion in 2019
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