Linklaters has advised Südzucker AG on the successful placement of a €400m bond issued by its wholly owned Dutch subsidiary, Südzucker International Finance B.V. The bond has a five-year maturity and a coupon of 4.375% per annum.
In parallel with the new issuance, Linklaters advised Südzucker in connection with a tender offer for a sustainability-linked bond issued in 2022.
As early as March 2026, Linklaters also advised Südzucker on a €75m tap issuance of an existing bond originally issued in the previous year by Südzucker International Finance B.V.
The Linklaters team was led by Alexander Schlee (Partner) and Wolfgang Ettengruber (Counsel, both Capital Markets, Frankfurt). Other team members included Hugo van der Molen (Counsel), Xu Wang and Tom van Steenbrugge(both Managing Associates, Amsterdam), Tim Westenberger (Associate) and Marlen Klepsch (Senior Transaction Lawyer, both Frankfurt, all Capital Markets).
The Capital Markets team led by Alexander Schlee and Wolfgang Ettengruberhad already advised Südzucker in the previous year on the refinancing of a hybrid bond issued in 2005, as well as on a related tender offer.
