IFLR1000

Prysmian Group €1.7 billion acquisition financing

24/6/2018
Acquisition finance
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€ 1.7 billion

$ 1.882 billion

Completed

24/6/2018

Overview:

  • Energy and telecoms company Prysmian Group has undertaken a €1.7 billion term facility to finance the acquisition of General Cable Corporation. 
  • The acquisition created a group with revenues over €11 billion.

Rajeeb Gurung - Researcher

Jurisdiction:

Italy

Deal type:

Acquisition finance

Practice area:

Banking

Industry sectors:

Energy
Technology and telecommunications

Firms:
A&O Shearman

Party: Banca IMI (Lender)

Party: Credit Agricole (Lender)

Party: Goldman Sachs (Lender)

Party: Intesa Sanpaolo (Lender)

Party: Mediobanca (Lender)

Party: Unicredit (Lender)

Lawyer: Stefano Sennhauser

Simmons & Simmons

Party: Prysmian (Borrower)

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