Germany’s Badenova sells Schuldschein
German power company Badenova closed a four tranche Schuldschein transaction last week.
The borrower, based in Freiburg im Breisgau, Baden-Württemberg, had sought to raise €50m, but ended up with a “significantly higher” amount, a Schuldschein banker said. The deal was led by BayernLB.Badenova was created in 2001 from the merger of six regional municipal utilities between the Upper Rhine ...
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