Akin Gump Advises Harman Subsidiary in Bond Offering

(New York) – Akin Gump advised Harman International Industries, Incorporated in an underwritten public offering of €350 million aggregate principal amount of 2 percent senior notes due 2022, which closed today. The notes were issued by Harman subsidiary Harman Finance International, S.C.A. at a price equal to 99.613 percent of the aggregate principal amount and are fully and unconditionally guaranteed by Harman.

This is the second bond offering this month on which Akin Gump has advised Harman. For details on the earlier transaction, please click here.

Rosa Testani, a partner in Akin Gump’s corporate practice, led the team advising Harman on the most recent offering. She was joined by counsel Patricia Groot and associate Sarah Withers, also members of the corporate practice. Tax work on the deal was handled by partner Patrick Fenn, who co-heads the tax practice, and senior counsel Christopher Harvey.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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