Noerr advises Hypoport on successful capital increase

Noerr, with a team led by Dr. Julian Schulze De la Cruz and Dr. Ralph Schilha, has advised Hypoport SE on a successful capital increase and private placement of new shares.

The gross issue proceeds from the offering amount to €50 million. These will be used to take advantage of the extraordinary growth opportunities in the current phase of market upheaval in real estate financing. As part of the private placement, a total of 378,788 new shares were allotted by means of an accelerated bookbuilding process at a price of 132 euros each.

The new shares are expected to be admitted to trading on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) without a prospectus. Berenberg acted as sole global coordinator and sole bookrunner for the private placement.

Hypoport SE is the parent company of the Hypoport Group, a network of technology companies for the credit & real estate and insurance industries with 2,500 employees. The company's shares are listed in the Prime Standard of the German Stock Exchange and are included in the SDAX selection index.

Advisors to Hypoport SE: Noerr

Dr. Julian Schulze De la Cruz (Partner, Capital Markets, Frankfurt) and Dr. Ralph Schilha (Partner, Corporate, Munich, both Lead), Dr. Holger Alfes (Partner), Dr. Philip Schmoll (Associated Partner, both Capital Markets, Frankfurt), Dr. Thorsten Reinhard (Partner, Corporate, Frankfurt), Alison Heinze (Senior Associate, Corporate, Berlin)

Inhouse: Raphael M. Tiranno (General Counsel), Jan Lebherz (Legal Counsel)