MUNICH, June 26, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP advised Axel Springer SE on its successful Schuldschein issuance and exchange offer for existing Schuldschein loans of Axel Springer with a total volume of 635.5 million euros. Bayerische Landesbank, DZ BANK AG, Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main and Landesbank Baden-Württemberg acted as joint lead managers on the transaction.

The Schuldschein loans have a maturity of four, five, six and seven years. The proceeds of the issuance will be used for general corporate financings of Axel Springer.

A Milbank team headed by partner Mathias Eisen comprehensively advised Axel Springer on the Schuldschein issuance and the related documentation.

Advisor to Axel Springer SE: Milbank, Tweed, Hadley & McCloy LLP

Mathias Eisen (lead), Thomas Möller (both Finance, Frankfurt)