Mutares SE & Co. KGaA has successfully placed EUR 50 million of senior secured floating rate bonds with 4-year maturity. The bonds shall carry interest at EURIBOR (three months), EURIBOR floor at 0%, plus a margin of 600 basis points and can be increased up to EUR 80 million. The bonds are secured by a pledge over 100% of the shares of certain investment vehicles owned by the issuer and pledges over intercompany loans made by the issuer to these investment vehicles. Pareto Securities acted as a sole bookrunner in the transaction.