SAGESS €500 million 1.5% bond issue

23/9/2015
Investment grade bond/note issue

€ 500 million

$ 527.532 million

Completed

23/9/2015


Overview:

  • French oil reserve manager SAGESS successfully issued €500 million of 1.5% bonds due 2027 to the Euronext Paris.
  • This was the first time that SAGESS listed on the Euronext Paris. 
  • Merrill Lynch International, BNP Paribas, HSBC France and Natixis acted as joint lead managers. 

John Crabb - Journalist

Jurisdiction:

France

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

France

Industry sector:

Oil and gas


Firms:

Party: SAGESS (Issuer)

Lawyer: Cedric Burford


Party: Merrill Lynch International (Joint lead manager)

Party: BNP Paribas (Joint lead manager)

Party: HSBC France (Joint lead manager)

Party: Natixis (Joint lead manager)