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Dentons advises Joint Lead Managers on profitable placement of €300 million bond issuance by SIXT SE


Global regulation agency Dentons has suggested Bayerische Landesbank, Commerzbank, Deutsche Bank, J.P. Morgan and UniCredit as Joint Lead Managers in reference to the profitable placement of a bond Issuance by SIXT SE.

The bonds, with an mixture nominal quantity of €300 million and a set interest charge of 1.75%, are due on December 9, 2024 and have been admitted to buying and selling on the regulated market of the Luxembourg Stock Exchange.

The Dentons workforce, led by associate Oliver Dreher with help from senior affiliate Philippa Münnich-Winter (each Frankfurt, Debt Capital Markets), has a stable observe document in advising main placement banks and corporations on company bonds, each in stand-alone transactions and issuance packages.

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 near Munich, is among the many main global suppliers of mobility options and generated a turnover of €3.31 billion in 2019

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