November 2, 2016

Milbank Advises Banking Consortium on Bond Issuance of Sixt SE

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The international law firm Milbank, Tweed, Hadley & McCloy LLP advised the banking consortium on the successful EUR 250 million bond issuance of Sixt SE, worldwide provider of top-quality mobility services. Bayerische Landesbank, Commerzbank and Deutsche Bank acted as joint lead managers, Berenberg Bank and Hauck & Aufhäuser were co-lead managers on the transaction. The bond has a maturity of six years and an interest coupon of 1.125% p.a. The proceeds of the issuance are used to finance the long-term growth of the Sixt Group.

A Milbank team headed by partner Mathias Eisen comprehensively advised the banking consortium on the bond issuance and the related documentation, including the preparation of the prospectus.

Advisor to banking consortium: Milbank, Tweed, Hadley & McCloy LLP

Mathias Eisen (lead), Thomas Möller (both Finance, Frankfurt), Thomas Kleinheisterkamp, Corinna Knollmüller (both Tax, Munich)

About Milbank

Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.

Milbank’s lawyers collaborate across practices and offices to help the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.