Slaughter and May advised International Workplace Group plc on a €50,000,000 tap issuance of its existing €575,000,000 6.50% investment grade bond due 2030
Slaughter and May advised International Workplace Group plc (“IWG”) on a €50,000,000 tap issuance (the “New Bond”) of its existing €575,000,000 6.50% investment grade bond due 2030 (the “Original Bond”), bringing the size of the bond to €625,000,000 in aggregate. The New Bond was issued on 19 September 2024 and will be listed on the International Securities Market of the London Stock Exchange. The New Bonds will be consolidated and form a single series with the Original Bonds in due course.
In June 2024, Slaughter and May advised IWG on the issuance of the Original Bond along with a series of related refinancing transactions.