Heuking Kühn Lüer Wojtek advises Karlie Group GmbH on issuing a corporate bond
Karlie Group GmbH, one of the leading European developers, manufacturers and marketers of pet supplies, will issue a corporate bond with a volume of up to EUR 30 million. A team led by Dr. Thorsten Kuthe, Partner at the Cologne office of commercial law firm Heuking Kühn Lüer Wojtek, legally advised the company.
The bond has a fixed annual interest rate of 6.75% and a term of 5 years. The subscription period runs from June 18 and is expected to end on June 21, 2013. Subsequently, an inclusion is planned into the Open Market of Deutsche Börse AG (over-the-counter market of the Frankfurt Stock Exchange) in the Entry Standard segment for corporate bonds.
Karlie Group GmbH successfully bundles the production and commercial activities of Karlie Deutschland group, Belgian Flamingo group and British company Sharples & Grant Ltd. as international supplier and competent partner of the pet supply industry. In 2012, Karlie group generated revenue of EUR 105.8 million (pro forma group).
Counsel to Karlie Group GmbH
Heuking Kühn Lüer Wojtek, Cologne:
Dr. Thorsten Kuthe, Sarah Winkel (both Capital Market Law).
Dr. Christoph Schork, LL.M. (Corporate/M&A).
Dominik Eickemeier, Dr. Ruben A. Hofmann (both IP).
Heuking Kühn Lüer Wojtek, Düsseldorf:
Marion Sangen-Emden (Tax Law)