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Elis €400 million convertible bonds issue

3/10/2017
Convertible and hybrid securities
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€ 400 million

$ 474 million

Announced

3/10/2017

Overview:

  • Elis has undertaken a €400 million convertible bonds issue.
  • The bonds are convertible into new shares or exchangeable for existing shares.
  • Proceeds will be used for refinancing existing debt connected to the acquisition of Berendsoen.
  • BNP Paribas, Crédit Agricole CIB and Société Générale have acted as joint global coordinators.

Katrin Kostadinova - Data analyst 

Jurisdiction:

France

Deal type:

Convertible and hybrid securities

Practice area:

Capital markets : Debt

Governing law:

France

Industry sector:

Consumer goods and services

Firms:
Sullivan & Cromwell

Party: Elis (Issuer)

Lawyer: Olivier de Vilmorin

White & Case

Party: BNP Paribas (Global coordinator)

Party: Société Générale (Global coordinator)

Party: Crédit Agricole (Global coordinator)

Lawyers: Séverin Robillard, Thomas Le Vert

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