Jan Penselin

Mr. Penselin’s experience includes advising:

Corporate Finance

• Triton/RENK Group on several bond offerings amounting to €520 million, its private placement and listing on the Frankfurt Stock Exchange and in relation thereto refinancing of existing facilities and high-yield bonds
• Cheplapharm Arzneimittel on several bond offerings, with a total issue volume of €1.5 billion, its proposed initial public offering, and on an equity private placement through a convertible instrument
• ARDIAN/Löwen Play on several bond offerings, with total offering volume of €585 million, including RCF financing, and a comprehensive financial restructuring and recapitalization involving the first-ever UK scheme of arrangement applied for by a German issuer after Brexit

High Yield Bond Transactions

• Mahle GmbH, as banks’ counsel, on its €500 million bond offering
• Consolidated Energy, as banks’ counsel, on its US$815 million bond offering
• Kongsberg Automotive on its €275 million bond offering, including revolving credit facility (RCF) financing and €60 million trade receivables securitization facility
• KAEFER Isoliertechnik, as banks’ counsel, on its €250 million bond offering, including RCF/guarantee facility financing
• BC Partners/CeramTec, as banks’ counsel, on its €406 million bond offering
• Peach Property Group on several bond offerings, with a total offering volume of €550 million, including bridge financing and subsequent cash tender offer
• Consus Real Estate on several bond offerings as banks’ counsel, with total offering volume of €450 million

Lending

• Norma Group, as borrower’s counsel, on several refinancings, amounting to €380 million of existing credit lines by a credit agreement with sustainability component, including RCF and accordion facility
• Alanta Health Group, as borrower’s counsel, on a €331 million refinancing of existing loans

Crossover Bonds

• ACCENTRO Real Estate, as banks’ counsel, on its €250 million bond offering and subsequent restructuring
• DEMIRE Deutsche Mittelstand Real Estate on several bond offerings, with total offering volume exceeding €1 billion, including bridge financing
• Summit Germany on its €300 million bond offering and subsequent cash tender offer
• Vivion, as banks’ counsel, on a private placement tap of senior notes and the establishment of its EMTN program

Equity and Equity-Linked Financings

• MorphoSys, as banks’ counsel, on its US$239 million US initial public offering
• NOVEM, as issuer’s counsel, on its initial public offering and listing on the Frankfurt Stock Exchange