HelloFresh raises €350M in debut corporate bond at 5.5%

What's the deal? HelloFresh has issued its first corporate bond, raising €350 million from institutional investors on July 1, 2026. The senior unsecured notes carry a 5.5% coupon and mature in 2031.

The details: The fixed-rate notes are governed by German law and listed on the professional segment of the Euro MTF market of the Luxembourg Stock Exchange. BNP ParibasDealroom has a profile for this one. Try Dealroom →, Deutsche Bank, Rabobank, and UniCredit acted as joint bookrunners.

Who advised? Hogan Lovells Cadwalader advised HelloFresh on the issuance. Frankfurt-based partner Michael Schlitt led the capital markets team, working with counsel Mark Devlin and of counsel Susanne Ries.

HelloFresh's in-house legal team included Christian Ries, Elmar Willemsen, and Björn Brauer.

The signal: The debut bond marks HelloFresh's move into the corporate debt market, tapping institutional investors as an alternative to equity for its funding needs.

Image credit: Generated with Gemini