Linklaters advised UniCredit AG, BNP Paribas, and HSBC Trinkaus & Burkhardt AG on the successful placement of more than 7.3 million shares by the wind turbine manufacturer Nordex SE.
In the context of an accelerated bookbuilding process, the securities were issued to institutional investors at a price of 10 euros per share. UniCredit, BNP Paribas, and HSBC Trinkaus acted as joint bookrunners of the transaction which has a volume of about 73 million euros.
Nordex SE intends to use the issue proceeds in order to finance its growth, the research and development regarding new generations of turbines, and the repayment of liabilities as well as to strengthen the equity ratio.
UniCredit, BNP Paribas, and HSBC Trinkaus were advised by a Linklaters team led by Dr Herbert Harrer (Capital Markets, Frankfurt). Other team members included Peter Waltz, Dr Marco Carbonare (both Capital Markets, Frankfurt), Dr Michael Ehret (Tax, Frankfurt), Dr Claus Mößle (Capital Markets, Frankfurt), Astrid Keinath (Corporate, Frankfurt), Charles Eypper, Konrad Uhink and Dr Alexander Fritzsche (all Capital Markets, Frankfurt).