Led by their Frankfurt based Partner Michael Schlitt and Counsel Susanne Lenz, Hogan Lovells advised Katjes International GmbH & Co. KG on the tap offering of corporate bonds due 2020. The company will receive proceeds of € 35 million from the issuance of the new bonds. Bankhaus Lampe KG acted as lead manager for the transaction.

The new bonds will be issued on the same terms and conditions as the € 60 million bonds were issued by Katjes on May 15, 2015. However, the new bonds will be issued at 102% becoming due May 15, 2020 with a fixed annual interest rate of 5.5%. The new bonds will be fully fungible with and assimilated to the € 60 million bonds previously issued by Katjes on May 15, 2015. The new bonds will be placed with institutional investors and admitted to the entry standard for corporate bonds on the Düsseldorf stock exchange.

Katjes will primarily use the net proceeds for further growth in the Western European confectionary market.

Hogan Lovells previously advised Katjes on the issue of the 2011 bond amounting to € 30 million, a stock-up to € 45 million in 2012 and on the placement of corporate bonds in the amount of € 60 million in 2015.

Hogan Lovells-Team for Katjes International GmbH & Co. KG

Prof. Dr. Michael Schlitt (Partner), Dr. Susanne Lenz (Counsel), Stefan Reitemeyer (Associate), Robert Lindner (Foreign Associate, Capital Markets, Frankfurt);

Dr. Patrick Mittmann (Partner, Banking and Finance, Frankfurt).