Ashurst Advises Banks on €1.5 bn Bond by Erste Abwicklungsanstalt

Ashurst advised an international banking syndicate in relation to the issue of a bond by Erste Abwicklungsanstalt (EAA) with a nominal amount of €1.5 billion. The syndicate was led by DZ BANK and comprised Citigroup, Goldman Sachs, HSBC and UniCredit Bank. The bond has a maturity of three years (due 2015) and will pay a coupon of 1.25 per cent. per annum.

The Ashurst team was led by partner Christoph Enderstein. He was supported by associate Dr Florian Rehm (both Debt Capital Markets, Frankfurt). 
Christoph Enderstein and his team regularly advise investment banks and issuers in connection with national and international capital market transactions, in particular in connection with bonds, securitised derivatives, German Schuldschein loans and debt issuance programmes.