White & Case advises underwriter on 365.bank’s €150 million bond issuance

Global law firm White & Case LLP has advised the underwriter on a bond issuance by 365.bank, a.s. with an aggregate principal amount of €150 million.

The four-year-term bonds will bear a fixed coupon of 7.125% until 2027 and then a variable interest rate. 365.bank intends to use the net proceeds from the issuance of the bonds for general corporate purposes.

The White & Case team in Frankfurt that advised on the transaction was led by partner Karsten Wöckener and included local partner Peter Becker and associate Darleen Stöckl.

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