Clifford Chance advises PostNL on €300 million cash offer and €300 million notes issuance listed on Euronext Amsterdam

Global law firm Clifford Chance has advised PostNL, a leading e-commerce and postal service provider, on its €300 million cash tender offer for outstanding Notes due 23 September 2026. BofA Securities and Rabobank act as Dealer Managers for this cash offer and Kroll Issuer Services Limited acts as Tender Agent.

Additionally, Clifford Chance advised PostNL on the successful issuance of €300 million Notes due 2 October 2030, with a listing on Euronext Amsterdam. The strong interest from a broad range of institutional investors – with the transaction being oversubscribed – underlines confidence in PostNL’s strategy and future. Dewi Walian says: “It has been a pleasure to support our client, PostNL, on these two cross-border transactions over the past few months. As a leading postal and e-commerce company, PostNL holds a vital position in society and has a rich history spanning 225 years of delivering meaningful connections. The successful €300 million notes issuance is not just a financial milestone – it’s a testament to PostNL’s enduring strength, strategic and sustainable vision, and the deep trust it inspires among its stakeholders.”

The proceeds of the Notes will be used for general corporate purposes, including refinancing. The Joint Lead Managers are BNP Paribas, BofA Securities and ING.

These transactions build on Clifford Chance’s market-leading Debt Capital Markets practice and expertise in complex cross-border deals. The Clifford Chance team was led by Dewi Walian and furthermore consisted of Jurgen van der Meer, Kris Soomers, Marte Schaaf and IJsbrand de Jong (Global Financial Markets), and Robin Houtveen, Johan Anton Niesten and Nolan Groenland (Tax).