Aurubis €800M Bond Trades on Luxembourg Stock Exchange
A €800 million bond, advised by White & Case LLP, has been admitted to trading on the Luxembourg Stock Exchange's regulated market. The bond, with a seven-year term and a fixed coupon of 3.250%, was issued by Aurubis AG, a major player in copper production and recycling. Aurubis AG, the primary client, is a significant player in the copper industry, with operations spanning production and recycling. The bond, with a substantial value of €800 million, carries a fixed interest rate of 3.250% and will be repaid after seven years. The bond issue was handled by a syndicate of prominent banks. Banco Santander, S.A., Commerzbank Aktiengesellschaft, Deutsche Bank Aktiengesellschaft, and Société Générale all participated in the syndicate. White & Case LLP, a renowned law firm, advised Symrise AG on a separate €800 million bond issue, demonstrating their expertise in such transactions. The €800 million bond, issued by Aurubis AG and advised on by White & Case LLP, has begun trading on the Luxembourg Stock Exchange. The bond's long term and fixed interest rate provide stability for investors, while Aurubis AG gains access to substantial capital for its operations.