Latham & Watkins Advises Currenta on €1B Bond Debut.
Latham & Watkins has advised Germany-based Currenta Group on a landmark €1 billion bond issuance, marking the chemical park operator’s first foray into international capital markets.
The transaction included the issuance of senior secured notes split across two tranches: fixed-rate notes bearing 5.500% interest and maturing in 2030, and floating-rate notes maturing in 2032.
Both were issued under New York law via Rule 144A and Regulation S and will be listed on the Official List of The International Stock Exchange.
The bond deal was accompanied by a €185 million super senior credit facility and an €80 million super senior guarantee facility, both designed to reinforce Currenta’s financial resilience and enhance its operational flexibility.
According to those familiar with the transaction, proceeds from the issuance will go toward refinancing existing debt and supporting shareholder distributions, reflecting a broader effort to optimize the group’s capital structure while returning value to investors.
Latham’s team brought together experts from its capital markets, finance, and tax practices.
The deal was led by debt capital markets partners Alexander Lentz and Rüdiger Malaun, alongside banking and finance partner Alexandra Hagelüken. Counsel Gregory Walker and Cora Grannemann provided key transactional support, with additional assistance from associates Isabel Willius, Laura Neumann, Kate Zhu, and Anastasia Dressler.
On the tax side, partner Ulf Kieker and associate Manuela Minsel advised on structuring matters, ensuring cross-border compliance and efficiency.
Currenta Group is a leading German industrial services provider that operates CHEMPARK – one of the largest chemical sites in Europe, located in Leverkusen, Dormagen, and Krefeld-Uerdingen. The company offers infrastructure, utilities, logistics, waste management, and safety services to the chemical industry. Headquartered in Leverkusen, Currenta is owned by Macquarie asset management clients and employs around 3,400 people.
Latham & Watkins, founded in 1934, is a global law firm with more than 3,000 lawyers across major business and financial centers. The firm advises top companies, investors, and institutions on high-stakes transactions, regulatory matters, and litigation. Known for its collaborative culture and deep industry knowledge, Latham delivers practical, strategic legal solutions worldwide.
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