Clifford Chance advises international banking syndicate on $750 million convertible bond issuance of QIAGEN N.V.

Global law firm Clifford Chance has advised an international banking syndicate comprising BNP PARIBAS, BofA, and Goldman Sachs as Joint Global Coordinators, Deutsche Bank, Jefferies and Moelis & Company as Joint Bookrunners in connection with a USD 750 million convertible bond issuance of QIAGEN N.V. The senior, unsecured net share settled bonds are convertible, in part, into ordinary shares of QIAGEN N.V at 40% above the reference share price.

The Bonds were issued at par, and will pay a coupon of 2.0% p.a., payable semi-annually in arrear and will, unless previously converted, be redeemed or repurchased and cancelled, at par at maturity. The conversion premium was set at 40% above the reference share price of $46.17, being the volume weighted average price of the Shares on the New York Stock Exchange on 28 August 2025.

The Clifford Chance advisory team consisted of partners George Hacket, Cristina Freudenberger and Axel Wittmann, senior associate Carla Winslow-Kruger and transaction lawyers Felicitas Fischer and Lilli Neubauer (all Global Financial Markets, Frankfurt).