Linklaters advised the issuer JAB Holdings B.V. and the guarantor JAB Holding Company S.à.r.l. on the issue of a €750 million bond. The bond maturing in 2022 will bear interest at a rate of 2.125 percent and will be listed and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange.

This transaction is JAB Holdings B.V.’s third issue of bonds of this kind. The company is a wholly-owned subsidiary of JAB Holding Company S.à.r.l. The portfolio of the family holding company includes long-term majority interests in companies operating in the consumer goods sector.

A Linklaters team led by Dr Christian Storck and Dr Alexander Schlee (both Capital Markets, Frankfurt) advised on the transaction. The team also included Peter Waltz (Capital Markets, Frankfurt), Pim Hosten (Capital Markets/Banking, Amsterdam), Nicki Kayser (Capital Markets/Banking, Luxembourg), Bart Vermaat (Capital Markets/Banking, Luxembourg), Martin Rojahn (Capital Markets, Frankfurt), Menno Baks (Capital Markets/Banking, Amsterdam), Xu Wang (Capital Markets/Banking, Amsterdam) and Floris Van Rymenats (Capital Markets/Banking, Luxembourg).