Dr. Hutter has a particularly broad range of experience in initial public offerings, capital increases and high-yield debt financings involving international securities offerings of German, Austrian and Swiss companies, including dual listings and private placements of shares and debt securities in the United States.
For more than two decades, Dr. Hutter has been named by leading industry surveys such as Chambers Global, Chambers Europe, Best Lawyers in Germany, The Legal 500, IFLR1000 and JUVE (Germany) as a market-leading German and European capital markets practitioner for equity and debt transactions, and he has frequently spoken and published on international securities laws, transactions and issues.
Dr. Hutter’s significant transactions include advising:
Capital Markets (Equity):
- UBS and HSBC as global coordinators in connection with the €1.65 billion rights offering of ams AG;
- MorphoSys AG in a number of matters, including its U.S. IPO and dual listing of American depositary shares on Nasdaq, and representations in connection with several global private placements of new shares;
- CA Immobilien Anlagen AG in the sale of a stake in IMMOFINANZ AG by way of an accelerated book building offering to institutional investors;
- J.P. Morgan Securities LLC, BofA Securities, Inc., UBS Securities LLC and SVB Leerink LLC as lead underwriters in the IPO of BioNTech SE on Nasdaq;
- Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch and Barclays as joint bookrunners in the €2.3 billion IPO and listing of TeamViewer on the Frankfurt Stock Exchange;
- Citigroup Global Markets Limited and Goldman Sachs International as joint global coordinators and joint bookrunners in the IPO of Addiko Bank AG
- SIGNA International Sports Holding GmbH in connection with a pre-IPO placement of shares of SIGNA Sports United GmbH, a leading European sports online company;
- Polyphor Ltd. in its IPO on the SIX Swiss Exchange;
- Jefferies and BofA Securities as joint global coordinators and joint bookrunners in connection with a capital increase of Zur Rose Group AG;
- UBS as international and U.S. underwriters in connection with the capital increase and
rights offering of Zur Rose Group AG on the SIX Swiss Exchange;
- Deutsche Bank, J.P. Morgan and Commerzbank in connection with a secondary placement of shares in JOST Werke AG;
- Novomatic AG in its contemplated initial public offering and listing on the Frankfurt Stock Exchange;
- UBS and Berenberg as joint global coordinators and joint bookrunners in connection with the IPO of Zur Rose Group AGon the SIX Swiss Exchange;
- J.P. Morgan and UBS as joint bookrunners in connection with a capital increase and a global private placement of the new shares by TLG IMMOBILIEN AG;
- SGL Carbon SE in several rights offerings;
- Goldman Sachs International and Deutsche Bank as joint global coordinators in connection with the contemplated IPO of OFFICEFIRST Immobilien AG, a spin-off of the core portfolio of IVG Immobilien AG;
- entities and individuals related to the Ströer and Müller families in connection with a global private placement of Ströer SE shares;
- J.P. Morgan as bookrunner in connection with a global private placement of shares in alstria office REIT-AG;
- Deutsche Bank and Citigroup as joint global coordinators in connection with the contemplated IPO of Vibracoustic AG (formerly TrelleborgVibracoustic GmbH);
- Deutsche Bank, J.P. Morgan and Commerzbank in connection with the contemplated IPO of Jost Werke AG;
- UBS as joint global coordinator in connection with the contemplated IPO of ADC Therapeutics SA;
- Deutsche Bank and BofA Merrill Lynch in connection with the contemplated IPO of Armacell International S.A.;
- Goldman Sachs International, UBS Investment Bank and Deutsche Bank in connection with a €907 million rights offering of Deutsche Wohnen AG;
- J.P. Morgan, Barclays, Morgan Stanley and Société Générale in connection with a €2.25 billion rights offering of Deutsche Annington Immobilien SE; and BofA Merrill Lynch and J.P. Morgan in connection with several global private placements of shares in Deutsche Annington Immobilien SE;
- Barclays Capital Inc. and Citigroup Global Markets Inc. as joint bookrunning managers in the IPO of Kornit Digital Ltd. on Nasdaq;
- FACC AG in connection with its IPO on the Vienna Stock Exchange;
- Susquehanna International Group LLP in connection with an investment in Paion AG;
- Uniqa Insurance Group in connection with its re-IPO and a hybrid bond;
- Goldman Sachs, Morgan Stanley and Credit Suisse in connection with the contemplated IPO of Grohe;
- a group of more than two dozen institutional investors in connection with a global private placement of shares of the share capital of German specialty chemicals maker Evonik Industries AG;
- J.P. Morgan, BofA Merrill Lynch, Citibank and UniCredit in a rights offering of Sky Deutschland AG; and BofA Merrill Lynch and UniCredit in a capital increase and an international share placement of Sky Deutschland AG;
- Goldman Sachs and Deutsche Bank in connection with the IPO of LEG Immobilien AG; and
- Deutsche Post in a secondary share placement by KfW.
Capital Markets (Equity-Linked/Debt):
- UBS and HSBC as global coordinators in connection with the €650 million and US$400 million senior notes offering of ams AG and the subsequent tap offering of €200 million and US$50 million;
- SIGNA Group in a refinancing of the landmark Postsparkasse building in Vienna, Austria. The transaction involved the issuance of a credit tenant lease-backed bond;
- SIGNA Sports United GmbH in connection with a senior convertible loan;
- the Austrian Province of Carinthia, Kaerntner Landesholding (KLH) and Kaerntner Ausgleichszahlungs-Fonds (K-AF), a special purpose vehicle set up by the Province of Carinthia, in connection with the debt restructuring of HETA Asset Resolution AG, the wind-down entity of the former Austrian Bank Hypo Alpe Adria, and the issuance of Secured Zero Coupon Bonds in an amount of €10.3 billion;
- SGL Carbon SE in several high-yield debt offerings as well as convertible bond offerings;
- J.P. Morgan in connection with a €1 billion public hybrid bond offering for Deutsche Annington Immobilien SE; and
- Credit Suisse in a high-yield bond offering of KM Germany Holdings GmbH and KM US Holdings II, Inc.
Mergers and Acquisitions:
- SIGNA International Sports Holding GmbH and SIGNA Sports
United GmbH in connection with the formation of a strategic
partnership with AEON and The Central Group;
- Bucherer AG in its acquisition of Tourneau, LLC;
- SIGNA Holding GmbH in its unsolicited US$3.5 billion acquisition of the German business of Hudson’s Bay Company;
- J.P. Morgan in connection with the acquisition of Gagfah S.A. by Deutsche Annington Immobilien SE;
- Merck KGaA in its US$17 billion all-cash acquisition of Sigma-Aldrich Corporation; and
- FIT AG in connection with the sale of netfabb GmbH to Autodesk Development B.V. and Autodesk’s investment into FIT AG.
Corporate Governance and Compliance
- the Republic of Austria in connection with its compliance review of offset transactions related to the Eurofighter procurement process.
To view a list of transactions handled by Dr. Hutter prior to joining Skadden, please click here.