Brenntag AG (“Brenntag”), a leading chemicals distributor, has successfully finalized the placement of a USD500m bond with warrant units due 2022 with the option to acquire Brenntag shares. The proceeds from the offering of the units will be used for general corporate purposes including the financing of signed acquisitions.

BNP PARIBAS and Deutsche Bank AG have acted as Joint Global Co-ordinators and Joint Bookrunners in relation to the transaction; BofA Merrill Lynch, Commerzbank Aktiengesellschaft, Crédit Agricole CIB, HSBC Trinkaus & Burkhardt AG and UniCredit Bank AG acted as Joint Bookrunners.

Hengeler Mueller advised Brenntag on the transaction. The Hengeler Mueller team included partners Johannes Tieves (Financing) and Alexander Rang (Capital Markets, Frankfurt) as well as associate Carl-Philipp Eberlein (Capital Markets, Frankfurt).