Körber enters Schuldschein market for new cash

By Silas Brown
15 Oct 2020

German technology company Körber has entered the Schuldschein market, on the hunt for at least €200m. This figure could rise with additional demand.

DZ Bank and Helaba are arranging the transaction, according to a term sheet seen by GlobalCapital, offering investors four, six, eight and 10 year notes.

Spread ranges are 180bp-200bp, 200bp-220bp, 220bp-240bp, and around 250bp, respectively. The tranches will be priced over six month Euribor for floating rates and mid-swaps ...

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