Dorda has advised EGGER Holzwerkstoffe GmbH on a EUR 150 million hybrid bond issue. The deeply subordinated notes were placed exclusively with institutional investors in the beginning of March 2018. The coupon was fixed at 4.87%. The bond has a minimum subscription volume of EUR 100,000 and perpetual maturity with an early redemption option for the issuer after five years.
EGGER Holzwerkstoffe GmbH, headquartered in St. Johann in Tirol, Austria, is a leading European manufacturer of wood-based materials.
The Dorda team was led by Partner Tibor Varga.
