Norton Rose Fulbright advises ADLER Real Estate AG on EUR 150m bond tap

Global Business April 28, 2017

Global law firm Norton Rose Fulbright has advised its long standing client ADLER Real Estate AG (“ADLER Real Estate”) on the issuance of a EUR 150m tap issue over its existing € 350m 4.75 per cent Notes 2015/2020 under New York law increasing it to EUR 500m. The tap notes were placed with institutional investors by the Franco-German financing group ODDO BHF.

ADLER Real Estate AG is a listed real estate company which focuses on the formation and development of a substantial and highly profitable residential property portfolio in Germany.

The Norton Rose Fulbright team was led by partner Dr. Frank Peter Regelin and further comprised Jan-Peter Heise (both corporate and capital markets law, Frankfurt), partner Tino Duttiné and associate Patrick Löffler advised on tax matters. US law advice was provided by London based partner Thomas Vita with assistance from of counsel Kevin Connolly and associate Kayla Kirk.

Frank Regelin, partner in Frankfurt and co-head of the German corporate team commented:

“We are delighted to have advised ADLER on yet another important transaction. This deal illustrates our truly integrated team that is able to work across multiples offices to provide successful results for our clients.” 

Norton Rose Fulbright has previously advised ADLER Real Estate on several corporate transactions such as capital increases, convertible bond and bond issues as well as public takeovers. Most recently, the law firm advised on the issuance of a EUR 137m convertible bond in 2016 and on the closing of a Tender Commitment Agreement with Vonovia SE in the course of its takeover of Vienna-based conwert Immobilien Invest SE.

For further information please contact:

Stefanie Kerschke, PR & Communications Executive Germany
Tel: +49 89 212148 339; Mob: +49 174 34 528 72

Notes for editors:

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