White & Case advises on Bosch €1.5bn EMTN bonds

White & Case advised the joint bookrunners on a dual-tranche fixed rate bond issuance under Robert Bosch Group’s Euro Medium-Term Note (EMTN) Programme, with a total aggregate nominal amount of €1.5 billion. The notes were admitted to trading on the Euro MTF market segment of the Luxembourg Stock Exchange.

The transaction involved two separate issuers within the Robert Bosch Group. Robert Bosch issued €650 million in 4.000% fixed rate notes due 21 May 2036, while Robert Bosch Finance issued €850 million in 3.250% fixed rate notes due 21 May 2029. Both tranches benefit from a guarantee granted by Robert Bosch.

The White & Case team

The White & Case Frankfurt team advising on the transaction was led by partner Karsten Wöckener (pictured) and local partner Felix Biedermann, with associate Robin Pichler also forming part of the team.