Commerzbank AG today placed approx. 114mio new shares with institutional investors by way of a so-called accelerated bookbuilding process. The placement price was fixed at EUR 12.10 per share. The gross issue proceeds amount to a total of EUR 1.4 billion.

Hengeler Mueller advised Commerzbank on the capital increase. The Hengeler Mueller team included partners Wolfgang Grob (Corporate/Capital Markets, Frankfurt)
and Hartwin Bungert (Corporate) as well as associate Mikolaj Pogorzelski (Corporate) (both Düsseldorf).

Hengeler Mueller worked on this transaction in an integrated team with Davis Polk & Wardwell advising on US as pects of the offering.