Appleby acts as Jersey counsel for placement of seven-year Eurobond
Appleby has acted as Jersey counsel for Atrium European Real Estate in relation to the successful placement of a EUR350m (£295m) unsecured seven-year Eurobond, maturing in April 2020 and bearing a fixed coupon of four per cent per annum.
The proceeds of the issue will strengthen Atrium’s liquidity and will be used for general corporate purposes, including acquisitions, as and when identified, as well as the refinancing of its existing secured debt.
The Appleby team was led by Mark Lewis, a corporate and commercial partner in Jersey, and assisted by associate Christopher Spencer. Lead lawyers for Atrium were from Skadden Arps; Deutsche Bank and HSBC acted as the lead managers and underwriters and were represented by Clifford Chance.
News from Appleby
News from The Lawyer
Briefings from Appleby
Bermuda’s legal framework facilitates the creation of flexible and economically viable co-investment vehicles within a stable and business-friendly jurisdiction.
Feltham v Bouskell provides a cautionary tale for lawyers regarding the need to act quickly upon the receipt of instructions from elderly or ill clients.
Analysis from The Lawyer
Offshore law firms have long supplemented their legal offerings with fiduciary business, but will that model last?
Business is booming in the Isle of Man, a small jurisdiction that thinks big