This website uses cookies so that we can provide you with the best user experience possible. Our Cookie Notice is part of our Privacy Policy and explains in detail how and why we use cookies. To take full advantage of our website, we recommend that you click on “Accept All”. You can change these settings at any time via the button "Update Cookie Preferences" in our Cookie Notice.
Technical cookies are required for the site to function properly, to be legally compliant and secure. Session cookies only last for the duration of your visit and are deleted from your device when you close your internet browser. Persistent cookies, however, remain and continue functioning on repeat visits.
CMS does not use any cookie based Analytics or tracking on our websites; see details here.
Personalisation cookies collect information about your website browsing habits and offer you a personalised user experience based on past visits, your location or browser settings. They also allow you to log in to personalised areas and to access third party tools that may be embedded in our website. Some functionality will not work if you don’t accept these cookies.
19/04/2018
Frankfurt/Main – Hanover-based Continental AG has renewed and expanded its issuance platform for short-term bonds. Continental AG’s commercial paper programme now has a maximum value of EUR 1.5 billion. Commerzbank AG is acting as arranger and dealer. The dealer consortium also includes Bank of America, Merrill Lynch International Limited, Bayerische Landesbank, BNP Paribas, DZ BANK AG, ING Bank N.V., Landesbank Baden-Württemberg and The Royal Bank of Scotland plc (trading as NatWest Markets).
A CMS team headed by lead partner Oliver Dreher advised Commerzbank AG and the other consortium members on the transaction. As the only external law firm involved, CMS acted as transaction counsel.
The team led by Oliver Dreher has often acted in a similar capacity for Commerzbank. It regularly advises leading placement banks and companies on corporate bonds, both in stand-alone transactions and with regard to setting up and using issuance programmes.
Commerzbank AG is a leading international commercial bank with offices in almost 50 countries. It handles around 30 per cent of German foreign trade and is regarded as the market leader in the German corporate client sector.
Continental AG is one of the world’s leading automotive suppliers and mobility solution providers. The company employs more than 238,000 people across 61 countries worldwide.
Oliver Dreher, Lead Partner
Dr Orna Freifrau von Fürstenberg, Senior Associate, both Banking & Finance
Press Contact
[email protected]
Social Media cookies collect information about you sharing information from our website via social media tools, or analytics to understand your browsing between social media tools or our Social Media campaigns and our own websites. We do this to optimise the mix of channels to provide you with our content. Details concerning the tools in use are in our privacy policy.