Vivendi €825 million term loan credit facility

12/3/2015

Financing

Value:

€ 825 million

Dollar value:

$ 876.756 million

Status:

Completed

Date:

12/3/2015

Overview:

French multimedia and telecommunications company Vivdendi, and its Brazilian subsidiary Global Village Telecom (GVT), negotiated a €825 million loan credit facility.
The loan is for corporate purposes, and the refinancing of inter company loans.
The loan precedes Telefônica Brasil's acquisition of the GVT Group.
Société Générale, BNP Paribas and HSBC France acted as arrangers.

John Crabb - Journalist

Jurisdictions:

Brazil
France

Deal type:

Financing

Practice area:

Banking

Industry sectors:

Media
Technology and telecommunications

Firms:

Cleary Gottlieb Steen & Hamilton

Party: Vivendi (Borrower)

Party: Global Village Telecom (GVT) (Borrower)

Lawyer: Valérie Lemaitre

Linklaters

Party: BNP Paribas (Arranger)

Party: Société Générale (Arranger)

Party: HSBC France (Arranger)

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