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Latham and Davis Polk drive through BMW's $4bn debt issue

Apr 27, 2016 - Legal Week

US firms win mandates to advise on German carmaker's offering of loan notes to the market

Latham & Watkins and Davis Polk & Wardwell have won mandates advising on German carmaker BMW Group's $4bn (£2.7bn) debt offering.

The debt issue earlier this month comprised $1.5bn (£1bn) of notes due 2019, $1.5bn of notes due 2021 and $1bn (£0.7bn) of notes due 2026.

Davis Polk advised the German car manufacturer with a London-based team led by corporate partner John Banes alongs...