LAWFUEL – The Law News Network – 2 February 2006 – Allen & Overy LLP advised Deutsche Bank Aktiengesellschaft (as arranger) in connection with the EUR6 billion debt issuance programme of the Federal State of Saxony-Anhalt. By preparing and publishing a simplified base prospectus, under the Luxembourg Law on Prospectuses for Securities promulgated in July 2005 as part of the implementation of the EU Prospectus Directive, the Federal State of Saxony-Anhalt has the ability to issue four different types of debt instruments under one single prospectus, allowing it to maintain its flexible and cost efficient funding platform.
Allen & Overy LLP was sole international counsel on the transaction.
The Allen & Overy LLP team was led by partners Dr. Johannes Bruski and Philip Smith, assisted by associate Christoph Enderstein.