Conforama €316 million dual tranche bond issue

24/4/2019
Investment grade bond/note issue

€ 316 million

$ 351.856 million

Completed

24/4/2019


Overview:

  • Conforama issued a €316 million dual tranche bond as part of its financial restructuring, which involves around 30 equity and debt funds.
  • Conforma is part of the Steinhoff group and its restructuring is related to that of its parent company. 
  • Conforama is a furniture retailler.

Laura Mendes - Researcher

Jurisdiction:

France

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

France

Industry sector:

Consumer goods and services


Firms:

Party: Tikehau Investment Management (Creditor)


Party: Steinhoff (Creditor)


Party: Creditors of Conforama (Creditor)

Lawyer: Philippe Hameau


Party: Conforama (Issuer)


Party: Wilmington Trust (Trustee)

Party: Steinhoff (Creditor)