Clifford Chance advises TDC Brands on its debut EUR 550 million high-yield bond offering

Global law firm Clifford Chance has advised TDC Brands A/S (formerly known as Nuuday A/S), a leading digital services and telecommunications provider in Denmark, on its successful debut Rule 144A / Regulation S high-yield offering, raising EUR 550 million, with a five-year maturity.

TDC Brands A/S is backed by a shareholder group led by funds managed by Macquarie Asset Management. The proceeds will be used to enhance TDC Brands' financial flexibility by repaying outstanding loan amounts and to support its general corporate purposes.

The Clifford Chance team was led by partner Michael Dakin and senior associate Yash Ranade who were supported by associate Tara Kade and law clerk Rory Farquharson. The firm acted as U.S. and New York counsel to TDC Brands A/S and co-lead the legal team working closely alongside Anne‑Cathrine Ingerslev and her team at Bruun & Hjejle who advised on Danish law matters.

Press contact: Emma Cessford