Allen & Overy LLP advised KCA Deutag on the issue of high-yield bonds with a total volume of USD 500 million.

The issue consisted of a USD-tranche with a term of five years and bearing interest of 9.625 per cent.

The Allen & Overy team was led by partner Gernot Wagner (US corporate finance, Frankfurt) and included partners Paul Flanagan and Thomas Neubaum (both banking and finance, London and Frankfurt) and Dr. Heike Weber (tax, Frankfurt), counsels Dr. Knut Sauer (equity capital markets) and Dr. Mark Hallett (banking and finance, both Frankfurt) as well as associates Rebecca Emory, Tom Mosher, Anne Korenblit, Jiah Ham (all US corporate finance, Frankfurt and London), Patrick Reuter and Dr. Alexander Schilling (both banking and finance, Frankfurt).

In addition, further Allen & Overy teams from England, the Netherlands, Luxembourg, Singapore and the US were involved in the transaction.

http://www.allenovery.com/news/en-gb/articles/Pages/Allen--Overy-ber%C3…