5 November 2026
Clifford Chance advises the European Stability Mechanism on benchmark €1 billion digitally native notes issuance
Advising firms
Deal team
8 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Steve Jacoby Lead | Clifford Chance | Partner | Not stated | Not stated |
| Cristina Freudenberger Lead | Clifford Chance | Partner | Not stated | Not stated |
| Alexander Tollast | Clifford Chance | Counsel | Not stated | Not stated |
| Boika Deleva | Clifford Chance | Counsel | Not stated | Not stated |
| Dominik Schöneberger | Clifford Chance | Counsel | Not stated | Not stated |
| Dominik Schlarb | Clifford Chance | Not stated | Not stated | Not stated |
| Lilli Neubauer | Clifford Chance | Not stated | Not stated | Not stated |
| Angélique Torre | Clifford Chance | Not stated | Not stated | Not stated |
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Stated terms
- Stated value
- EUR 1bn (€1 billion)
- What the figure measures
- Issue size
- Client
- European Stability MechanismIssuer
- Counterparties
- Banco Santander, S.A. (Other)
DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main (Other)
HSBC Continental Europe (Other)
Société Générale (Other)