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ALTANA Successfully Places 200 Million Euro German Schuldschein

Loan was more than four times oversubscribed

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By: DAVID SAVASTANO

Editor, Ink World Magazine

ALTANA has successfully issued a German Schuldschein with a volume of €200 million. The transaction, which was placed with about 130 banks, savings banks, and other institutional investors, was more than four times oversubscribed. In view of the strong demand in the course of the issuing process, the loan amount was increased from €160 million to a total of €200 million. The purpose of this transaction is to partially refinance an acquisition loan that ALTANA had raised in the context of the ac...

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