mwb fairtrade Wertpapierhandelsbank AG accompanies third bond issue of real estate company Euroboden GmbH
The team led by Dr. Thorsten Kuthe and Madeleine Zipperle from Heuking Kühn Lüer Wojtek’s Cologne office accompanied mwb fairtrade Wertpapierhandelsbank AG on issuing Euroboden GmbH’s “Euroboden III Bond.” The placement of EUR 40 million was terminated prematurely due to oversubscription after three days.
At a term of five years, the bond carries a 5.5 percent coupon, due semi-annually. About one third of the demand emanated from Frankfurt Stock Exchange’s DirectPlace. In 2013, Euroboden GmbH issued its first bond with an issue volume of EUR 15 million, followed by another bond with an issue volume of EUR 25 million in 2017. The second bond was also accompanied by mwb fairtrade Wertpapierhandelsbank AG, at the time advised by Heuking Kühn Lüer Wojtek as well.
mwb fairtrade Wertpapierhandelsbank AG is a securities service provider founded in 1993 with branches in Gräfelfing near Munich, Hamburg, Hanover, Frankfurt, and Berlin. The company went public in 1999. Today, the mwb share is listed in the m:access segment of Munich Stock Exchange and in OTC trading on the Berlin, Düsseldorf, Frankfurt (Basic Board), Hamburg, and Stuttgart stock exchanges.
Euroboden GmbH is a developer of urban and architecturally sophisticated real estate in German-speaking countries. The owner-managed company was established in 1999. Euroboden attaches great importance to close dialog with all project participants in its projects.
Counsel to mwb Wertpapierhandelsbank AG
Heuking Kühn Lüer Wojtek:
Dr. Thorsten Kuthe,
Madeleine Zipperle and
Dr. Gero Lingen (all Capital Markets), all Cologne