Taylor Wessing advises Vivion Investments in € 757.5 million strategic refinancing

International law firm Taylor Wessing advised Vivion Investments S.a.r.l. (“Vivion”), a real estate investment company with a quality portfolio of assets across the United Kingdom and Germany, on the successful issuance of €505 million senior secured notes due 2030 and €252.5 million undated subordinated notes with a first reset date in 2031. The new notes were placed with institutional investors and admitted to trading on the Global Exchange Market of Euronext Dublin. The proceeds from the issuance were used for a partial early redemption of other senior secured notes issued by Vivion in 2023. The new senior notes will carry a lower coupon than the senior notes previously issued by the Vivion in 2023, marking a reduction in cost of debt. In addition, the undated subordinated notes will be accounted for as 100% equity under IFRS and receiving 50% equity content under S&P’s methodology. For Vivion, this refinancing transaction is a strategic step to optimize its capital structure, enhance financial flexibility, and extend the maturity profile of its indebtedness. The transaction was settled on 8 December 2025.

The Taylor Wessing team acted as lead issuer’s legal counsel, led by partner Marc-Oliver Kurth (Berlin/Frankfurt) and salary partner Dr. Christian Koehler (Berlin/Frankfurt) and supported by senior associate Pascal Wrusch (Berlin).

For further information, see Vivion’s press release under www.vivion.eu/investor-relations.