Banking and finance: transactional work in France

Allen & Overy LLP

Allen & Overy LLP is retained by major financial institutions, funds and corporate borrowers on some of the highest profile transactions in the market,  advising Deutsche Bank, Citi and BNP Paribas on a €2bn IPO facility to Verallia, for example. Its longstanding relationship with several debt funds, including Goldman Sachs, means it is equally active in the mid-cap space, where it has advised on over 40 transactions in the last year. On the corporate financing side, the practice typically acts on large syndicated mandates for major corporate borrowers. Department head Adrian Mellor, whose expertise spans the full range of banking and finance work, is especially sought after to lead on significant transactions in Africa, the Middle East and Europe. Leading the leverage finance practice, Jean-Christophe David is equally skilled representing both sponsors and lenders, and is also experienced in advising on restructurings involving groups subject to LBO.

Practice head(s):

Adrian Mellor

Other key lawyers:

Jean-Christophe David

Testimonials

They have been able to provide the quality, speed and sound support we were looking for.’

They always maintain high standards.

They react fast and with quality.

Key clients

BNP Paribas

Société Générale

Natixis

CM CIC

Factofrance

Crédit Agricole CIB

Eurazeo

HSBC

Goldman Sachs

Citi Group

JP Morgan

Biogroup

House of HR

Ardian

Weinberg Capital Partners

Sodexo

Deutsche Bank

Bluebay

Infravia

In’Li

Banco Santander

IKKS

Work highlights

  • Advised on the leveraged financing of the acquisition of the Webhelp group by Groupe Bruxelles Lambert.
  • Advised a pool of over 20 international banks, in connection with the investment grade financing acquisition of Tiffany & Co by LVMH.
  • Advised Deutsche Bank, Citi and BNP Paribas as global coordinators in relation to a Euro 2.0bn IPO facility to Verallia.

Clifford Chance

Rated for its 'comprehensive understanding of the financial sector', Clifford Chance's banking practice is particularly active in large-cap and upper mid-cap mandates, governed by both English and French law. Representing borrowers, lenders and sponsors, the group has a strong track record in acquisition and leveraged finance, infrastructure finance and corporate lending. By way of borrower side highlights, the team notably advised Renault on the establishment of a credit facility agreement guaranteed by the French state. The department works closely with the firm's capital markets and securitisation groups, providing a seamless service for loan financings containing a high-yield element. Thierry Arachtingi, Daniel Zerbib and Nikolaï Eatwell are the key contacts.

Other key lawyers:

Pierre-Benoît Pabot du Châtelard; Delphine Caramalli; Jonathan L. Lewis; Frédérick Lacroi

Testimonials

Excellent team in France, but also able to work seamlessly with international teams, notably in Saudi Arabia.

They key strength of the practice lies in its comprehensive understanding of the financial sector. The team are strong negotiators and the partners fill you with confidence.

Thierry Arachtingi is always professional with a perfect understanding of the sector.

Key clients

BNP Paribas

Crédit Agricole

CACEIS

Natixis

Société Générale

International Banks:

Bank of America Merrill Lynch

Barclays

BTMU

Credit Suisse

Deutsche Bank

Goldman Sachs

HSBC

ING

IKB

JP Morgan

UniCredit

SMBC

AccorInvest

Airbus

AXA

Bouygues

Carrefour

EDF

Eiffage

L’Oréal

Pierre & Vacances

Ramsay Santé

SANEF

TOTAL

Vinci

3i

Apax Partners

Apollo

Ardian

Bridgepoint

DIF Infrastructure

Carlyle Group

CDC I Capital

Cinven

Clayton Dublier & Rice

Eurazeo

KKR

InfraVia

Macquarie

Meridiam

Permira

Wendel

CDC (Caisse des dépôts et consignations)

EIB

Ministry of Transport of Finance

BPI France

The European Bank for Reconstruction and Development

FIA Europe

LCH Clearnet S.A.

World Bank

Ardian Private

Debt

Ares Capital

Barings

BlackRock

Capzanine

EQT Infrastructure III<

Work highlights

  • Advising Renault on the setting up of the credit facility agreement guaranteed by the French state provided by a pool of banks composed of BNP Paribas, Crédit Agricole, HSBC, Natixis and Société Générale.
  • Advising Eolien Maritime France (EDF-EN and Enbridge), on the financing of an offshore wind farm off the coast of Fécamp, with an installed capacity of 497MW.
  • Advising on the attribution of the FTTH high-speed broad band network in the Loire-Atlantique department and its financing.

De Pardieu Brocas Maffei

Best known for its real estate finance practice, the team at De Pardieu Brocas Maffei is instructed by lenders on innovative mandates including setting up a 'green-loan' financing for the development of a low-carbon campus. It predominantly acts for leading French and international banks and debt funds active in the mid-cap LBO market, with the department's core strengths lying in corporate financing, syndicated lending, leveraged financing and acquisition financing. Christophe Gaillard leads the banking department and Olivier Hubert heads the capital markets practice. Emmanuel Fatôme is noted for his work in the real estate financing space.

Other key lawyers:

Emmanuel Fatôme

Testimonials

Highly recognised team.

Christophe Gaillard is an excellent technician and able negotiator and has always performed highly on mandates. He is always calm regardless of how complex the matter.

We appreciate the team’s professionalism, close proximity to its clients and the breadth of its expertise.

Christophe Gaillard’s team is one of the best in the sector. Technically excellent, with great negotiation skills and a good understanding of the market.

Key clients

CA-CIB (CREDIT AGRICOLE GROUP)

SOCIÉTÉ GÉNÉRALE

BNP PARIBAS

LCL

NATIXIS

CDC

ING

AAREAL BANK

DEUTSCHE BANK

DEKABANK

TIKEHAU CAPITAL

CREDIT FONCIER

EIB

INVIVO

TERRENA

HSBC

IDINVEST

La BANQUE POSTALE

Work highlights

  • Advising the lenders on the setting-up of an additional €3.3bn credit facility for Vinci.
  • Advising the senior lenders on the acquisition financing of Koden by C’Pro Group.
  • Advising the lenders (BNP Paribas, Allianz Real Estate, AEW, Ostrum AM) on the setting-up of a “green-loan” financing for the development of the low-carbon campus project “Arboretum”.

Gide Loyrette Nouel A.A.R.P.I.

Focusing on French, UK and US law, Gide Loyrette Nouel A.A.R.P.I. is active across bank lending, capital markets and structured finance mandates on behalf of lenders, sponsors and borrowers. Equally skilled on domestic and cross-border transactions, the department is also able to advise on the legal aspects of over-the-counter ('OTT') derivative products. As part of a full-service firm offering, the practice is able to 'draw on complementary expertise' from other departments, which was valued by clients. The team features a broad range of expertise, with Kamel Ben-Salah described as 'truly gifted in real estate finance', while Eric Cartier-Millon is highly regarded for structured and project finance. Up-and-coming partner Laetitia Lemercier is another name to note. Thomas Binet departed the firm in March 2020.

Testimonials

Excellent and professional team with the ability to efficiently draw on complementary expertise.

Laetitia Lemercier is a true expert who is always available to her clients.

Gide Loyrette Nouel has deep experience on a wide range of matters. It is just as able advising on a pure financing to a real estate matter.

The firm is able to cover almost everything in-house which makes for expediency in resolving matters.

Kamel Ben Salah and his team are truly gifted in real estate finance.

Key clients

BNP Paribas

Crédit Agricole Corporate and Investment Bank (CACIB)

Société Générale

Natixis

CIC

HSBC France

ING

Amundi

Morgan Stanley

Lombard Odier Europe

Crédit Suisse

KKR

Westbrook Partners

Nuveen France

Casino Guichard Perrachon

Lactalis

Tikehau

Ariane Group

Work highlights

  • Advising the Mandated Lead Arrangers on an LBO financing for the acquisition of the Cerelia Group.
  • Advising Unibail-Rodamco-Westfield (URW) on the disposal of a portfolio of five shopping centres in France to the joint venture (JV) formed by URW, Crédit Agricole Assurances and La Française.
  • Counsel to BNP Paribas in connection with an off plan sale financing of the acquisition of a building by Generale Continentale Investissements Participations Luxembourg Sarl and Credit Suisse.

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP's offering spans the full range of financing work, on behalf of both borrowers and banks. On the borrower side, the practice represents a diverse mix of corporates, including Danone and Vinci, notably advising the latter on the setting up of a credit facility agreement for €3.3bn. The firm's ability to advise on both French and English law matters also makes it a popular choice for leading French and international banks. With a strong presence in Arica, the practice is instructed on a high number of oil and gas, and mining financing mandates. The department is led by regional head of finance for EMEA Eric Fiszelson and Louis de Longeaux. Other key members include Régis Oréal and Rachel Campbell. Laure Bonin left the firm in 2020.

Other key lawyers:

Régis Oréal; Rachel Campbell

Testimonials

The team is extremely professional, available and efficient. I recommend them without hesitation.

Eric Fiszelson is competent, diligent, available and efficient. He is passionate about what he does.

Rachel Campbell is a stand-out partner for us.

Key clients

AIR LIQUIDE

BANK OF AMERICA MERRILL LYNCH INTERNATIONAL Ltd

ATTESTOR CAPITAL LLP

TRAFIGURA Ltd

PSA PEUGEOT CITROEN

ACCORHOTELS

AFREXIM BANK

AGENCE FRANCAISE DE DEVELOPPEMENT (AFD)

AIRBUS

BUREAU VERITAS

ARKEMA

BNP PARIBAS Group

BPCE/NATIXIS GROUP

BLACKROCK INVESTMENT MANAGEMENT (UK) LTD

CITIBANK

COMPAGNIE DES ALPES

CREDIT AGRICOLE Group

DANONE

DASSAULT SYSTEMS

ESSILORLUXOTTICA

GECINA

ICADE

INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ICBC)

JCDECAUX

LA BANQUE POSTALE

LAGARDÈRE

NOVARES

SAFRAN

SCHNEIDER ELECTRIC

SCOR

SOCIETE GENERALE

TARKETT

VINCI

Work highlights

  • Advised Vinci on the setting up of a credit facility agreement for €3.3bn for general corporate purposes in the context of the Covid-19 pandemic.
  • Advised Tarkett on the setting up of state-guaranteed loan and the setting up of a further €175m credit facility for general corporate purposes.
  • Advised a pool of international banks on the financing of the acquisition by AccorInvest of Orbis from group Accor.

Latham & Watkins

The team at Latham & Watkins is best known for its sponsor-side work, however the practice also acts for lenders and borrowers on the full range of leveraged and acquisition financings. The firm's leading capital markets group is another part of the offering, with high-yield bonds and US private placements both key parts of the work stream. Lionel Dechmann is active on private equity and LBO financings, notably leading on the acquisition of CEP by Bridgepoint. Xavier Farde is the go-to name for domestic transactions, while department head Michel Houdayer acts for banks, borrower-side clients, funds and foreign financial institutions.

Practice head(s):

Michel Houdayer

Other key lawyers:

Xavier Farde; Lionel Dechmann

Testimonials

Global multidisciplinary team with a good understanding of the market and on how to lead a transaction.

We value their competence, availability and understanding of the stakes.

Key clients

Afflelou

Ardian

Astorg

The Governor and Company of the Bank of Ireland

Barclays Bank Plc

BNP Paribas

Bridgepoint SAS

Burger King France SAS

Calypso Group

Crédit Agricole Corporate and Investment Bank

Crédit Industriel et Commercial

Eurazeo

Goldman Sachs

HSBC

ING Bank N.V.

IK Investment Partners

Intermediate Capital Group (ICG)

J.P. Morgan

KBC Bank N.V.

Natixis

Platinum Equity

Société Générale

Sumitomo Mitsui Banking Corporation Europe Limited

TA Associates

Unicredit

Work highlights

  • Acted for Bridgepoint on its acquisition of Financiere CEP, a France-based insurance broker.
  • Acting for the banks on the financing of the acquisition of a majority stake in Gerflor, manufacturer and marketer of vinyl flooring solutions and wall finishes for resilient floors and wall coverings, by Cobepa from ICG
  • Acted as counsel to the lenders on a refinancing of the indebtedness of House of HR and its subsidiaries through a pari passu TLB/RCF/senior secured notes financing.

Linklaters

Linklaters acts for lenders and borrowers in wide-ranging transactions, governed under both English and French law.  The practice has increasingly been active in corporate social responsibility mandates, advising on the first CSR-linked credit transaction in the European retail sector. The team is also retained on  large LBOs. Bertrand Andriani heads the department, specialising in structured and project finance.  Kathryn Merryfield is the key name for leveraged and investment grade acquisition finance as well as general corporate syndicated finance, and Cyril Abtan is highly regarded for his work on secured and unsecured syndicated loans. Counsel Rhéa Christophilopoulos has a strong track record in acquisition and investment grade financing.

Practice head(s):

Bertrand Andriani

Other key lawyers:

Kathryn Merryfield; Cyril Abtan; Rhéa Christophilopoulos

Key clients

JP Morgan

Steinhoff International Holdings N.V.

Credit Suisse

BNP Paribas

Groupe Bruxelles Lambert SA

Société Générale S.A

CVC Advisers Limited

CACIB

BlueBay Asset Management LLP

MUFG Bank, Ltd.

Natixis

Bank of Ireland

CIC

CBRE Global Investors

SEDCO CAPITAL

Teleperformance SE

Work highlights

  • Advised the global co-ordinators, mandated lead arrangers and bookrunners, which include JP Morgan, Credit Suisse and BNP Paribas, on a €2bn revolving credit facility (RCF), €800m senior secured notes and €1bn term loan B for the global French food retailer, the Casino Group.
  • Advised BNP Paribas as the documentation agent on the amendment and restatement of a €1.4bn revolving facility agreement and a €2.5bn revolving facility agreement entered into by Carrefour.
  • Advised GBL on debt financing supporting its acquisition of Webhelp from KKR for c. €2.4bn.

White & Case LLP

White & Case LLP is active in high-profile large-cap mandates, notably representing LVMH on the €15bn financing of its acquisition of Tiffany & Co. A new area, both for the market, and this practice, has been advising lenders on loans guaranteed by the French state, a highlight of which was the implementation of a €4bn term loan facility guaranteed by the government for Air France-KLM. Raphaël Richard is retained by banks and other financial institutions  on both domestic and cross-border transactions. Denise Diallo is also highly regarded, in particular for his work on transatlantic finance structures.

Practice head(s):

Raphaël Richard

Other key lawyers:

Denise Diallo

Testimonials

The premier team at White and Case is distinguished by its ability to intervene in a wider range of matters, including transformational transactions involving complex financing methods.

Raphaël Richard is an excellent technician and negotiator. Always calm and understanding perfectly the issues facing businesses.

Key clients

BNP Paribas

Crédit Agricole

Société Générale

Natixis

HSBC France

Morgan Stanley

Deutsche Bank

JP Morgan

LVMH

Adisseo

Vivescia

Verallia

SPIE

Engie

Suez

Tereos

Michelin

Delachaux

Bridgepoint

Cobepa

IK Investment Partners

Antin Infrastructure Partners

I Squared Capital

Work highlights

  • Advised LVMH on the €15bn financing of its acquisition of Tiffany & Co., the global luxury jeweller.
  • Advised the lenders on the implementation of a €4bn term loan facility guaranteed by the French state for Air France-KLM.
  • Advised Cobepa on the acquisition financing of a world leader in resilient flooring solutions Gerflor.

Ashurst LLP

A strong player in acquisition finance, Ashurst LLP's strong track record in LBOs, corporate acquisitions and refinancings is emphasised by its recent work advising LGT Private Debt France on the acquisition of Moria group by Naxicap Partners. Pierre RouxHassan Javanshir, who is a key name for real estate finance, and Hubert Blanc-Jouvan, who has expertise in securities, are the key names.

Testimonials

Ashurst is a very responsive and highly qualified law firm that we appreciate and instruct a lot.

Hassan Javanshir is always present in a transaction, with excellent understanding of both the economic and legal questions in a financing, very good in negotiations and extremely qualified.

The team is always available, reactive and professional. Most importantly, they are solution driven.

The team proves its deep understanding of the transactional market by its high success rate on deals.

Pierre Roux is calm, reactive, experienced and pragmatic.

Key clients

LGT Private Debt France

CVC Crédit

Unicrédit

European Investment Bank

J.P. Morgan Securities PLC

Nomura Bank International plc

Värde

Work highlights

  • Advising the group of senior RCF lenders, including Goldman Sachs, ODDO BHF and Boussard & Gavaudan, on the €600m financial restructuring of listed company Solocal.
  • Advised LGT Private Debt France on the unitranche debt financing of the acquisition of Moria group by Naxicap Partners from Bridgepoint Development Capital.
  • Advised the European Investment Bank on the financing of the company Enterome.

Bredin Prat

Distinguished by its 'long experience in corporate financing', Bredin Prat assists large corporates with the full range of borrower-side matters including loan finance and capital market transactions. The practice has a track record working on high-profile mandates, notably advising  Fnac Darty in connection with the first credit facility guaranteed by the French State. More broadly, the department also represents shareholders, sponsors, investment funds and occasionally banks, on matters including public and private debt placements, debt restructurings and acquisition finance. Raphaële Courtier leads the group, specialising in acquisition financing, LBO financing, capital market transactions and private placements.

Practice head(s):

Raphaële Courtier

Testimonials

The team with which I work is distinguished by its long experience in corporate financing and its practical understanding of the key factors involved.

Their organisation and reactivity is perfect.

Raphaële Courtier leads a team with excellent negotiation skills. A rigorous approach to all matters.

Coherent team, always reactive and to the point.

Key clients

Bain Private Equity

Dentressangle Initiatives

Firmenich

Fnac Darty

Iliad

Klépierre

Korian

Lagardère

Maisons du Monde

Natixis

PSA Group

Ramsay Générale de Santé

SEB

Sonepar

Work highlights

  • Advised Fnac Darty on the signature of a €500m credit agreement, which was the first credit facility guaranteed by the French state under the “large company” regime in the context of the Covid-19 crisis.
  • Advised Iliad/HoldCo on the financing aspects of its share buyback public offer (“OPRA”) financed by way of a reserved share capital increase, in an amount of €1.4bn.
  • Advised Lagardère in connection with its €500m bond issue.

Cleary Gottlieb Steen & Hamilton

With an offering spanning the full range of corporate finance work, Cleary Gottlieb Steen & Hamilton participates in debt, equity and hybrid financings, including those raised through capital markets. Supported by a premier regulatory practice, the team has longstanding relationships with several international clients who benefit from the firm's network of offices across jurisdictions, particularly London. The department is frequently retained on mandates across Africa, typically by state-owned oil companies, and also has experience of PPP transactions there. In recent highlights, the practice became the first to persuade the European Commission to accept Technology Assisted Review, bringing significant cost-saving benefits to its client. Valérie Lemaitre, Fabrice Baumgartner, Barthélemy Faye, and Amélie Champsaur are the key names.

Key clients

Worldline

Qualium Investissement

Edenred

Capgemini

Nexans

Atalian

Axereal

Petrosen and Republic of Senegal

Republic of Côte d’Ivoire

Republic of Benin

Work highlights

  • Advising Worldline on the financing of its proposed acquisition of Ingenico Group S.A.
  • Advising Axereal on the financing of its acquisition of Cargill’s malt business.
  • Advising Mubadala Capital, Looping Cie, and Ride Holding on the acquisition of a significant stake in Looping Group.

Freshfields Bruckhaus Deringer LLP

Goodwin

Goodwin is a popular choice for financial institutions, banks, and private debt funds. On the borrower side, the practice is retained by private equity firms and their portfolio companies, leading public and private companies and several start-ups. Working closely with the firm's restructuring group, the department is able to offer wider services on transactions, exemplified by its work on Equistone Partners Europe's acquisition of the Sateco group, where, as well as the financing, the practice also advised on the refinancing of the target group's existing indebtedness. Arnaud Fromion is a name to note for leveraged acquisition, corporate and telecoms finance work and Frédéric Guilloux is another key name. Newly promoted partner Adrien Paturaud is highly regarded in the leveraged acquisition space.

Practice head(s):

Arnaud Fromion

Other key lawyers:

Adrien Paturaud; Frédéric Guilloux

Testimonials

The team at Goodwin is made up of experienced lawyers, excellent technicians who demonstrate great creativeness.

‘Arnaud Fromion, Adrien Paruraud and the rest of the team are always heavily involved, being both excellent technical lawyers who always come up with innovative solutions.

High-quality advice, efficiency, pragmatism and track record.

Reactivity, speed of execution, deal-driven and solution-driven.

Key clients

Alcentra

Ares Management

BlackRock

BNP Paribas

Capza

Crédit Agricole CIB

Equistone Partners Europe

Five Arrows Management

Hayfin

Monaco Télécom International

NJJ Telecom Europe

Sicame

Télécom Réunion Mayotte

Work highlights

  • Advised private equity and private debt fund manager Atalante, BNP Paribas Private Debt and AXA IM on the refinancing of the financial indebtedness of La Maison Bleue.
  • Advised Equistone Partners Europe on the financing of the acquisition of the Sateco group, as well as on the refinancing of the Sateco group’s existing indebtedness.
  • Advised Hayfin Capital Management on the unitranche refinancing of the Interflora group, a French flower retailing chain backed by Private Equity firms LFPI and Montefiore since 2015.

Norton Rose Fulbright

The team at Norton Rose Fulbright covers general corporate lending and acquisition finance. With capabilities in both English and French law, the department is well placed to advise leading international banks and also counts a large number of export credit agencies as clients. Project financing mandates continue to be a key area for the group, notably in Africa, where it has experience working in Morocco, Cameroon, Cote d'Ivoire, the DRC, Mali and Senegal. Practice head Christine Ezcutari, who is also head of transport for EMEA, regularly acts for large European financial institutions and lessors, specialising in structured finance, and is dual qualified in England and France.

Practice head(s):

Christine Ezcutari

Key clients

BNP Paribas

Bpifrance

Credit Industriel et Commercial (CIC)

Credit Agricole CIB

ENGIE

Export Development Canada

HSBC

Moroccan Agency for Sustainable Energy

Société Générale

Standard Chartered

Work highlights

  • Advised Société Générale on the financing of the acquisition of three companies by Excelya Group.
  • Advised a pool of banks on the setting up of an inaugural syndicated loan for Clasquin.
  • Advised Engie Green Holding on a major refinancing/restructuring deal.

Paul Hastings LLP

At Paul Hastings LLP the 'high level of seniority present on transactions' is valued by clients who instruct the practice on both domestic and cross-border mandates. Renowned for its work on fund financings including equity bridge, asset-based and hybrid financings, the team also undertakes a significant number of acquisition and leveraged finance transactions. A growth area for the department has been its work for alternative lenders which increasingly instruct it on complex unitranche and mezzanine deals. The practice is led by Olivier Vermeulen, who specialises in unitranche and fund financings.

Practice head(s):

Olivier Vermeulen

Testimonials

Excellent technical expertise with a good business approach to matters. You always get a high level of seniority present on transactions.

‘Olivier Vermeulen is a technical expert with excellent negotiation skills.

Key clients

Amundi Private Equity

Antin Infrastructure Partners

Arcmont Asset Management Limited (formerly BlueBay Asset Management)

Astorg Asset Management

Bpifrance

Eurazeo

Goldman Sachs

Infravia

Intermediate Capital Group (ICG)

Keensight Capital

Latour Capital

Meridiam

Naxicap Partners

PAI Partners

Tikehau Investment Management

Work highlights

  • Advised Bank of America ion the financing of the acquisition of Kantar by Bain Capital.
  • Advised Arcmont Asset Management Limited on the financing of the acquisition of Siblu by Naxicap Partners.
  • Advising Intermediate Capital Group (ICG) on the unitranche financing of the acquisition of Tokheim Services Group (TSG) by HLD group.

Shearman & Sterling LLP

Shearman & Sterling LLP is recognised for its work in asset and real estate finance where it undertakes several large LBOs and acquisition financings every year. Representing both domestic and international financial institutions, as well as corporates, sponsors, debt funds and investment funds, the team is routinely instructed on several high-value transactions. A good example of this is its work advising the mandated lead arrangers on the financing of the acquisition of a portfolio of 31 hypermarket and supermarket properties valued at €465m. The group's partnership has also grown in size with the promotion of project finance specialist Lachlan Poustie, who represents a number of development finance institutions and is dual qualified in England and France. Pierre-Nicolas Ferrand leads the group focusing on LBO, real estate and asset financings.

Practice head(s):

Pierre-Nicolas Ferrand

Other key lawyers:

Lachlan Poustie

Key clients

Société Générale

HSBC

CACIB

Trail Capital

BECM

Natixis Securities Americas LLC

LBO France

Work highlights

  • Advised Société Générale, HSBC and CACIB, as mandated lead arrangers, on the financing of the acquisition by a company affiliated with Apollo Global Management, Inc. of a portfolio of 31 hypermarkets and supermarkets properties valued at €465m.
  • Advised Natixis Securities Americas LLC on the refinancing of Bridgepoint’s stake in Flexitallic.
  • Advised LBO France on the acquisition of a majority stake in Dutscher group.

Watson Farley & Williams LLP

Watson Farley & Williams LLP's financing practice advises on matters governed by both English and French law. As well as acting for a significant number of leading international financial institutions, the group also represents a number export credit agencies and banks. The practice's strong reputation in the energy, infrastructure and transportation sectors, is complemented by its expertise in asset finance, although the department does have broader capabilities in project, leveraged, export credit, acquisition and real estate finance. Laurence Martinez-Bellet leads the team and has a strong track record in cross-border shipping transactions. Philippe Wolanski is another key name, specialising in corporate and acquisition finance.

Practice head(s):

Laurence Martinez-Bellet

Other key lawyers:

Philippe Wolanski 

Testimonials

The practice is always significantly invested from the first phase of a transaction.

‘Laurence Martinez-Bellet’s advice is always rigorous, pertinent and well judged.

Always available and reactive, the team listens well and always provides pragmatic solutions.

The team at Watson Farley is always available and imaginative in providing answers to our questions. We always find them useful.

Excellent understanding of the market particularly in the maritime sector.

The team demonstrates great expertise and always adds a great amount of value.

Key clients

Akuo Energy

Banque Palatine

BNP Paribas

Crédit Agricole Corporate and Investment Bank

Ermewa

ING Bank

La Banque Postale

Natixis

Société Générale

Work highlights

  • Advising the lenders including CEPAC (Caisse d’Epargne Provence – Alpes – Corse), BNP Paribas, La Banque Postale and Natixis on the refinancing a €180m debt for the energy developer Neoen.
  • Advising Ermewa Holding on its establishment of a common terms platform, enabling the restructuring and refinancing of its group debt through a combination of multicurrency secured bank debt and US private placement notes for a total value of circa €1.5bn.
  • Advising HSBC, Cacib, CIC and KBC on the c. €140m financing for the acquisition of O&M Movianto by EHDH.

Weil, Gotshal & Manges LLP

Weil, Gotshal & Manges LLP houses a standout cross-border financing practice, working in close tandem with the firm's London office. The department is particularly specialised in the European LBO market, where it covers the full range of financing solutions including hybrid European term loan B financing, syndicated European term loan B financings, and senior secured notes issuance. Acting for sponsors, borrowers and creditors, the team has additional capabilities in corporate acquisition financing and restructuring transactions. The practice is jointly led by Olivier Jauffret, who is retained by both sponsors and investment-grade borrowers, and James Clarke, who specialises in mid-and large-cap LBO financings, and is dual qualified in England and France.

Practice head(s):

Olivier Jauffret; James Clarke

Testimonials

Weil Gotshal is a rare kind of firm in Paris in terms of the breadth of its expertise and the level of its professionalism.

Key clients

Montagu Private Equity

CVC

3i

TowerBrook Capital Partners (UK) LLP

Astorg

HLDE

Chequers

Ardian

CEVA Santé Animale

Sanofi

Rallye/Casino

CCMP/MacqPisto

ATOS

Work highlights

  • Advising 3i on the financing of its acquisition of Evernex.
  • Advising Ardian the financing of its acquisition of Revima.
  • Advising Astorg and its portfolio company IGM Resins on a refinancing of its second lien debt and a repricing of its senior debt.

Willkie Farr & Gallagher LLP

Willkie Farr & Gallagher LLP's team represents both borrowers and lenders. In one highlight, it notably advised Air France on securing funding of €7bn, in what was one of the largest loans guaranteed by the French state. The firm's international network of offices combined with broad capabilities spanning leveraged and acquisition finance, syndicated and bilateral lending, equity bridge financings and private placements, make it a popular choice for clients involved in cross-border mandates. The department has increased its offering for restructuring work, with the arrival of structured finance specialist Thomas Binet from Gide Loyrette Nouel A.A.R.P.I. in March 2020. Paul Lombard, who chairs the European finance practice group, is particularly focused on innovative financing technology such as NAV facilities and PIK financing.

Practice head(s):

Paul Lombard

Other key lawyers:

Thomas Binet

Testimonials

Efficient, excellent client relations, always professional.

‘We appreciate the quality of advice received from Thomas Binet.

The team is made up of top professionals. Reactive, pragmatic and always a pleasure to work with.

Paul Lombard is always agreeable and makes complex problems seem very simple.

Excellent technical competences, always available and the team provides creative solutions.

‘Paul’s team is incredibly responsive on all of our deals. They are technically excellent, but also demonstrate that they understand the commercial framework in which businesses operate and conduct transactions.’

Key clients

PAI Partners

IK Investment Partners

Tikehau Capital

Latour Capital

Sagard

Ardian Private Debt

Weinberg Capital

Five Arrows

Compagnie Nationale à Portefeuille

CVC Credit

Motion Equity Partners

Kartesia Management

Telemos Capital

Work highlights

  • Advised Air France-KLM Group and Air France on securing funding of €7bn to help overcome the Covid-19 crisis.
  • Advised IK Investment Partners, through its IK VII Fund, on the financing aspects in connection with the sale of Cérélia to Ardian.
  • Advised Five Arrows on the acquisition financing of the Dutscher group by LBO France.

Baker McKenzie

Baker McKenzie's financing practice group has a strong track record advising on cross-border mandates. The group is especially experienced acting on transactions in francophone Africa, as well as in the Arabian Peninsula, where it advised several international lenders on UKEF-backed facilities to finance the construction of three hospitals in Oman. Other key areas for the group include syndicated lending, project finance, trade and export finance, and acquisition finance. Global head of banking and finance Michael Foundethakis handles a significant number of international financing mandates, and as well as being English qualified, was admitted to the Paris Bar in 2019.

Practice head(s):

Michael Foundethakis

Testimonials

High partner involvement in transactions is a real plus compared to peers.

I want to highlight the professionalism and dedication provided in every transaction and at the same time with such a such high level of knowledge.

‘I believe it is important to mention the huge level of legal experience and customer service provided by the lawyers we have worked with.

I value the incredible quality of professional and human treatment provided by Michael Foundethakis.

Michael Foundetakis  is always available and very prompt to react.

Partner Michael Foundethakis involvement, availability and extensive knowledge in negotiations is a great plus compared to peers in the export finance market.

Very approachable, professional and efficient.

Professional and commercial approach to problem solving.

Key clients

Crédit Agricole

BNP Paribas

CureVac

Société Générale

Ardian (formerly AXA Private Equity)

African Export-Import Bank

Proparco

Bank of America Merrill Lynch

MUFG Bank

Commerzbank

Enerjisa Group

Work highlights

  • Advised Credit Agricole, Societe Generale, MUFG; Standard Chartered; Natixis, the lenders, on Oman’s Ministry of Finance $873.8m UKEF-backed (UK Export Finance) facilities to finance the construction of three hospitals in the sultanate.
  • Acted for the lenders, led by Citibank and ICBC (and including JPMorgan, SMBC, Société Générale) on the first-ever bank financing of Türkiye Varlık Fonu/ Turkey Wealth Fund, the sovereign wealth fund of the Republic of Turkey.
  • Advised Société Générale, BNP Paribas and the Black Sea Trade and Development Bank (the lenders) on a multi-facility waste-to-energy project in Istanbul, Turkey.

Dentons

The team at Dentons is well known for its involvement in project finance, particularly in relation to PPP financing mandates. The practice is equally adept in the fund finance space, where it advises both lenders and borrowers, typically on mid-cap and large-cap transactions.  Acquisition finance, refinancing, securitisation and real estate finance are further key work streams with a significant number of matters having a cross-border element involving Europe and the US. Jean-Marc Allix is specialised in project finance and PPP work and Philippe Max is a name to note for structured, acquisition and funds finance.

Practice head(s):

Jean-Marc Allix; Philippe Max

Testimonials

‘One of the top firms acting for banks in fund finance transactions in France. Well reputed team, and top-3 in local market.

The team is well versed in market trends, and is well known for their quality of legal work and advice. A particular point to highlight is the partner’s involvement at all stages of a transaction, and availability to clarify matters for the bank.

Pragmatic team that understands well the risks we want to cover.

Key clients

BNP Paribas

CACEIS Bank

Charterhouse Capital Partners

Chenavari / AREO II S.à r.l.

Crédit Agricole Corporate and Investment Bank

Essling Capital

Faurecia

Groupe Rocher

Keolis / RATP Dev.

LRC Group

Maisons de Famille

Natixis

Société Générale

Sparring Capital

Vinci

Wavestone

Work highlights

  • Advising LRC Group on the financing of the acquisition of the River Ouest offices building near Paris.
  • Advising a consortium composed of Keolis and RATP Dev on the financing of the operation of the train (CDG Express) between Paris and the Charles-de-Gaulle Airport.
  • Advising Faurecia on two major debt capital markets transactions.

DLA Piper

A key name for mid-cap leverage acquisition deals, DLA Piper's team undertakes a steady flow of transactions for banks, senior debt funds and equity sponsors. While the firm is known for its strong international reach, the financing group is highly regarded for its domestic work, although does nevertheless act on a number of multi-jurisdiction mandates. Finance, projects, and restructuring head Maud Manon principally focuses on LBO acquisition finance and Erwan Lacheteau is the key name for infrastructure and real estate financing.

Practice head(s):

Maud Manon

Other key lawyers:

Erwan Lacheteau

Testimonials

The team is extremely reactive, competent and sympathetic.

They always offer high quality advice with a real vision for our business.

Key clients

Abénex

Ares Management

Barings Global Advisers Limited

BPI France

Bridgepoint

Capzanine

The Carlyle Group

BNP Paribas

Eurazeo

Babilou

ICG

Idinvest

Industrie Capital

Tikehau Capital

LFPI

Maltem Consulting Group

Montagu Private Equity

Montefiore Investment

Pemberton

The Blackstone Group International Partners LLP

Northwood Investors International

Work highlights

  • Advising Pemberton on the unitranche financing of the acquisition of Wifirst France and its subsidiaries by Tiger Newco.
  • Advising Northwood on a structured interest rate hedging ISDA agreement in relation to a €205m senior and mezzanine mortgage refinancing provided by Société Générale for the refinancing of the Defense Plaza office building in La Défense (Paris).
  • Advising Blackrock as debt provider on the financing of the LBO acquisition of the Econocom Business Continuity group by Chequers.

Hogan Lovells (Paris) LLP

Hogan Lovells (Paris) LLP has a wide-ranging practice and is retained for acquisition, project, real estate and leveraged finance, among others. Also experienced in capital markets and asset finance work, the Paris-based group has both French and English law capabilities, making it a popular choice for outbound commodities work, as well as financings in Africa. Sabine Bironneau-Loy is a leveraged finance specialist and Alexander Premont is the key contact for asset financings. Michel Quéré is also active.

Other key lawyers:

Michel Quéré

Testimonials

Professional and able to intervene across a wide sphere of matters. Adaptable to the needs of their clients.

Recognised professionals, adaptable and reactive.

Sympathetic team, highly competent, always trying to provide the best possible advice.’

Hogan Lovells has strong expertise in financing, with a highly practical understanding of the market.

The partners are easily reachable and always make themselves available.

Key clients

BNP Paribas

Towerbrook

Natixis

Engie & Meridiam

Africa Finance Corporation

Colas Projects and Mirova

Société Générale

21 Capital Partners

Apax

Chequers Capital

Ermewa

Swissport

Radisson Hotels Group

Caisse Régionale de Crédit Agricole Mutuel Centre-Est

Banque Internationale à Luxembourg

Work highlights

  • Advised BNP Paribas on the financing of the takeover bid of Altran Technologies.
  • Advised BNPP on a €3bn  liquidity line for the benefit of Safran.
  • Advised Cacib and a pool of banks on the financing of the acquisition of GrandVision by Essilor Luxottica.

Jones Day

Jones Day houses a robust financing practice, with a specialism in acquisition, corporate, leveraged and real estate finance, complemented by further capabilities in securitisation and debt restructuring. The team is also recognised for its work financing high-growth companies. Counsel Isabelle Maury in particular assists these clients with debt financing transactions including loans and hybrid financings. Other key clients for the group include asset management companies, PE houses and domestic and international banks. Diane Sénéchal jointly leads the practice alongside real estate finance expert Frédéric Gros.

Other key lawyers:

Isabelle Maury

Testimonials

The team and in particular Diane Senechal is very pro-active, reactive and knows perfectly well our situation. As a client, we feel we are in good hands which creates a trustful environment and increases the speed of execution.

Diane Senechal is the lawyer I like to work with for the following reasons: – Deep experience on the Unitranche market – Strong reputation on the French market – Trust and speed of execution – Availability and deep knowledge of her cases.

Key clients

Crédit Agricole CIB

Kartesia Management

Pemberton

Permira Debt Managers

Rabobank International

Deutsche Pfandbriefbank AG

Work highlights

  • Acted for Athyrium as lender on the refinancing of Biom’Up’s existing debt.
  • Advised 813 Capital IdInvest Partners on the legal aspects of the structuring, financing and acquisition of the “Baillage du Roi”, an historical asset located in Versailles.
  • Advised La Française REP and Samsung Securities on the €691m acquisition and related financing of the Crystal Park building located in Neuilly-sur-Seine.

Mayer Brown

'Partners are involved at every stage of discussions' at Mayer Brown which is particularly active on mid-cap transactions. The team advises private equity funds and several large French corporates on leveraged and acquisition finance, corporate lending, restructuring and asset finance. Also key is project finance, for which Alban Dorin is highly regarded and Maud Bischoff is a name to note for cross-border leveraged work. Department-head Patrick Teboul acts for banks and funds on a wide range of financings.

Practice head(s):

Patrick Teboul

Other key lawyers:

Alban Dorin; Maud Bischoff

Testimonials

We regularly work with Mayer Brown on financings and their teams are always engaged, listen well and are always available at short notice.

Partners are involved at every stage of discussions.

 ‘Best team in the market for advising borrowers.

Mayer Brown’s technical, professional and reactive team is greatly appreciated by us.

We work closely with Maud Bischoff who is always professional and invested in our matters.

Mayer Brown understands perfectly our constraints and always provides competent advice.

The team is always efficient, fast and competent.

Maud Bischoff perfectly illustrates the excellent service we receive from Mayer Brown on all financing matters.

Key clients

Activa Capital

Ardian

Blackrock

Bridgepoint

Colony Capital

GLL Real Estate Partners

Groupe GB SAS

Groupe Panhard

IK Partners

La Française des Jeux

LFPI

Magella Consulting

Montefiore

Naxicap Partners

NewAlpha Verto

Primonial

Qualium Investissement

Raise

Quilvest Private Equity

Work highlights

  • Advised Primonial on the financing of the buy-back of the participation of Crédit Mutuel Arkéa and the refinancing of the existing indebtedness of the group by issuance of bonds and drawdown of a super senior facility.
  • Advised Ardian and Naxicap Parners on the acquisition of Groupe Emera, a leading provider of residential retirement homes in France.
  • Advised Qualium Investissement on the acquisition from Naxicap Partners of Acolad, an international translation agency.

McDermott Will & Emery AARPI

McDermott Will & Emery AARPI's finance team is particularly sought after for its work in the fund finance space and is particularly specialised in the European fund finance market. It also has capabilities in French acquisition and leveraged finance mid-cap transactions. Other specialist areas for the department include bridge financing and private equity mandates. Pierre-Arnoux Mayoly leads the team; he typically acts for borrowers and lenders on equity bridge transactions.

Practice head(s):

Pierre-Arnoux Mayoly

Testimonials

Excellent technical competence combined with a creative approach to finding solutions.

The team is pragmatic, fast and efficient. We can always count on them for fund finance work.

Pierre-Arnoux Mayoly is particularly remarkable for his speed and pragmatism. He knows exactly how to lead negotiations.

Key clients

Five Arrows Direct Lending

Tikehau Capital

Capza

Andera Partners

RBC (Royal Bank of Canada)

Citibank

Montefiore Investment

Siparex

Natixis

CACIB

Azulis Capital

Work highlights

  • Advised Montefiore Investment, a private equity firm, on an €80m corporate refinancing operation relating to Cruise Line, a provider of cruise services.
  • Advised Siparex ETI on a €145.6m financing operation for the acquisition of Sintex NP and for the refinancing of the existing debt.

Orrick Rambaud Martel

Orrick Rambaud Martel fields a practice which is particularly active in the infrastructure finance sector. The department is also active in acquisition finance, debt refinancing and restructuring mandates. Hervé Touraine leads the group from Geneva. Emmanuel Ringeval left the practice.

Practice head(s):

Hervé Touraine

Testimonials

Financing requires both technical knowledge and market understanding as well as a pragmatic approach. Orrick possesses all these assets.

Key clients

Biom’up

Amundi Asset Management

Louis Dreyfus Company

Groupe Bertrand

Equinix Hyperscale 1 Holdings BV

Fraikin

BNP Paribas

Société Générale

la Banque Postale

Crédit Agricole Corporate and Investment Bank

Oaktree

Work highlights

  • Assisting Amundi Asset Management with substantial amendments made to the Euro-PP documentation entered by Axereal, France’s largest grain cooperative, in the context of the €1bn acquisition by Axereal of Cargill’s malt business Boortmalt.
  • Advising Louis Dreyfus Company on the $100m financing facility made available by the EBRD to Louis Dreyfus Company Group’s subsidiaries.
  • Advising Equinix on the financing of a joint venture, construction and financing of various development assets across Europe with an estimated loan value of more than $1bn.

Simmons & Simmons

Simmons & Simmons is well regarded for its expertise in real estate finance, as well as in corporate lending. Clients include financial institutions, major corporates and fund managers. Equity bridge financing and fund financing also make up a key part of the work stream. Practice head Colin Millar, who is dual qualified in England and France, is particularly active in the leveraged finance space, counting several major French banks as clients.

Practice head(s):

Colin Millar

Testimonials

Professional and able to intervene on a wide spectrum of matters.

Recognised, reactive and adaptable.

We appreciate their entrepreneurial mindset, and their rigorous approach to financing.

Key clients

BNP Paribas

Crédit Lyonnais

Banque Palatine

Société Générale

Banque Populaire Rives de Paris

Crédit Industriel et Commercial

Arkéa Banque Entreprises & Institutionnels

Barclays Bank PLC

Bpifrance Investissement

CIC Private Debt

Global Net Lease

Valor Real Estate Partners

Savills Investment Management

Atream

Work highlights

  • Advising BNP Paribas, Crédit Lyonnais and Banque Populaire Rives de Paris on the financing of the acquisition of the Léon de Bruxelles group.
  • Advised the real estate investment trust Global Net Lease on the refinancing of its real estate assets portfolio in France for an amount of €70m granted by HSBC.
  • Advising Crédit Lyonnais and the bank syndicate in connection with the senior debt financing of the acquisition of the Rondot group.

Stephenson Harwood

Stephenson Harwood stands out for its 'excellent coordination between European desks', which is enhanced by the firm's ability to field English, New York and French law capabilities from its Paris office. Best known for its expertise in shipping and aviation finance, the department has also developed a highly regarded equity bridge financing and acquisition finance practice. Alain Gautron is the key contact for aviation finance and Edward Campbell is a go-to name for shipping finance. Structured finance specialists Yann Beckers and Jeremy Grant make up the rest of the leadership group.

Testimonials

Excellent coordination between European desks.

Yann Beckers is patient with his clients and quickly ascertains their needs.

Alain Gautron is a very smart, impressive and prominent lawyer focusing on complex cross-border shipping transactions, financings and restructurings.

Best firm for the shipping financing.

The team was of great help in the negotiation of complex financing for two of our investment funds. They helped us from the very beginning in early negotiations and were key in providing the required legal advice and documentation in an efficient manner.

‘Yann Beckers’ extensive experience allowed us to negotiate in a pragmatic manner without wasting time on unnecessary legal debates.

Stephenson Harwood is very professional and brings elevated attention to the client.

Key clients

BNP Paribas

CIC

La Banque Postale

BPCE Group

Natixis

Ingépar

CEPAC

CA-CIB

CIT Group Inc.

Air Côte d’Ivoire

Ponant

Acofi

Euler Hermès

Arkéa

Allied Irish Bank (AIB)

ICBC

BNP Paribas Agility

Work highlights

  • Advised the arrangers and the lenders on three French tax lease financings arranged by different pools of banks for special purpose companies jointly controlled by NYK and Geogas in connection with the construction and exploitation of three newbuilding LNG carriers to be operated under the French flag for two major French energy companies.
  • Advising Babcock and Brown Aircraft Management on various transactions, including a transfer of ownership and lease agreement .
  • Advising investment funds on the legal and regulatory aspects of the structuring, negotiation and implementation of their equity bridge financings, including committed and uncommitted facilities and security on investors’ commitments in the investment funds.

Archers A.A.R.P.I.

Archers A.A.R.P.I.

Key clients

Aareal Bank AG

Banque Européenne du Crédit Mutuel

Cheyne Capital

Colony Capital

Credit Agricole Corporate & Investment Bank

Deutsche Pfandbriefbank AG (PBB)

HSBC

La Banque Postale

La Française REM

Landesbank Hessen-Thüringen Girozentrale (Helaba)

Natixis

Work highlights

  • Advised Scaprim on the refinancing of the indebtedness of PowerHouse in relation to the acquisition of Safran portfolio composed of c. 6,150 houses leased to EDF.
  • Advising a consortium of banks led by CEIDF and HSBC on the financing of the acquisition by a joint venture between AXA REIM and In’Li of a portfolio of c. 10,000 residential units.
  • Advising RedTree Capital and M&G on the financing of the acquisition and heavy refurbishment by a joint venture between them of an office and retail portfolio of assets located in the second district of Paris.

CMS

CMS

Key clients

SNCF Mobilités

CIC Lyonnaise de Banque

Natixis

Banque CIC Ouest

Banque Fiducial (Banque Themis)

Meridiam

ENGIE

Société Générale

Crédit Lyonnais

Arkéa Banque Entreprises & Institutionnels

Crédit Suisse Asset Management

Work highlights

  • Advised Société Générale on the LBO acquisition of the Cevino Glass group, involving also the acquisition by Cevino Glass of Lukora, both groups specialised in the glass industry.
  • Advised Acrelec acting as borrower on a €29m syndicated loan agreement arranged by Caisse d’Epargne and BNP Paribas.
  • Advised NGE group on the setting up of €200m prêt garanti par l’état (PGE) scheme.

De Gaulle Fleurance & Associés

De Gaulle Fleurance & Associé

Testimonials

Very nice people easy to deal with.

Sylvie Perrin is enthusiastic and dedicated, very professional and solution oriented.

Key clients

Banque Hapoalim

Belfius Bank

CoopMed

ING

Lendix

Mediobanca

Neuflize OBC

Philips

Préjeance

République du Cameroun

Société Générale Equipment France

J. Stern & Co

Crédit du Nord

Prosolia

Voltalia

Acofi

Amarenco

Antalis

Ardian

Arkéa Banque Entreprises et Institutionnels

Auchan Holding

Banque Internationale à Luxembourg

Banque Palatine

Banques Populaires

Baywa

BNP Paribas

Groupe BPCE

BPI France

Caisses d’Epargne

Caisse des Dépôts et Consignations

Covéa

Crédit Agricole d’Ile de France

Crédit Agricole Immobilier

Crédit Coopératif

Crédit Mutuel CIC

Demeter Partners

Deutsche Pfandbriefbank

Engie Langa

Envision

Evergaz

Fonds Européen d’Investissement

French Ministry of Défense

French Ministry of Justice

Greenwish

HSBC

CSI Leasing

Forsa Energy

Foresight

Glenmount

Helexia

Gageo

IDCM Partners

Icade Promotion

IdInvest

Ceetrus

Infracapital

Work highlights

  • Advised the Ministry of Justice on the refinancing of two public and private partnership contracts related to prison facilities entered into in 2012.

Eversheds Sutherland (France) LLP

Eversheds Sutherland (France) LLP

Practice head(s):

Sophie Perus

Testimonials

I felt the team was very organised and professional. The way they welcomed, listened to our requirements and made suggestions accordingly, was beyond our expectations.

Dedicated and reactive team with a good understand of the sector. Always available and providing pragmatic advice.

The combination of mezzanine and corporate financing expertise is perfect.

Great quality and reactivity in following up matters.

Sophie Perus was able to give very clear recommendations.

Key clients

Barclays

Idinvest

BPCE

HSBC

Crédit Agricole

Altrad

ZenCap

Perwyn

Bpifrance

Work highlights

  • Advising Barclays on a range of mandates involving French borrowers and/or French guarantors in the context of major, cross-border financings.
  • Advised Idinvest Partners on a wide range of new financing mandates.
  • Advised ZenCap on a range of high-end financing and re-financing matters.

Fieldfisher

Fieldfisher

Practice head(s):

Hélène Lefebvre

Testimonials

Excellent teamwork from the beginning to the end of a deal.

Hélène Lefebvre is a highly appreciated support for our real estate finance activities. Her deep knowledge of the sector as well as her extremely accurate and precise approach of new transactions guarantee a very quick and efficient implementation. She is a strong and creative negotiator and is very talented to pacify things in tense situations.

Key clients

Bayern LB

Crédit Agricole – Corporate and Investment Bank (CA CIB)

Berlin Hyp AG

Deutsche Pfandbriefbank AG

Akka Technologies

RGREEN INVEST

Work highlights

  • Advised the arrangers, Deutsche Pfandbriefbank AG and Bayerische Landesbank AG, on the financing of the acquisition in future state of completion of a property called “Convergence” in Rueil-Malmaison, France.
  • Advising Focus Home Interactive, a video games editor listed on the EuroGrowth market, on the external growth and RCF financing.
  • Advised the arranger, Berlin HYP AG, on the financing of the acquisition of the “Adam Smith” property in Amsterdam.

Franklin

Franklin

Practice head(s):

Stéphan Alamowitch

Key clients

Orange

Albea

GTI Asset Management

Banque Richelieu

Financiere De La Cite

Caixa Geral De Depositos

Citibank

Swiss Life Banque Privee

GHSF

Atlantis

Altice

Caisse des Dépôts et Consignations

Deloitte

Work highlights

  • Advising Orange on a €115m off balance sheet monetisation of trade receivables arranged by BNP Paribas.
  • Advised Swiss Life Banque Privee on a new set of loan agreements and security documents for its high-net-worth individual department and in relation to Lombard credit.
  • Advised LBO France on a €30m senior loan granted by a French bank syndicate, led by CIC, for the acquisition of Infodis, the France-based software company.

HFW

HFW

Testimonials

We have confidence that the team are always available and competently act on all our financing needs.

We have been working with HFW for several years now. Jean-Marc Zampa in particular has excellent negotiation skills and comes up with original solutions.

Key clients

Airbus Bank

BRED Banque Populaire

BNP Paribas

Bank of Tokyo Mitsubishi France

Bpifrance Financement

Caisse d’Epargne

Crédit Agricole Centre France

APAX Partners

Work highlights

  • Advising Apax Partners on the financing of the simultaneous acquisition of Destiny, an international operator of secure cloud telecoms solutions.
  • Advised Airbus Bank on the refinancing of vessel Ville de Bordeaux operated by Louis Dreyfus Armateurs as part of its fleet of vessels for the transportation of Airbus corporate components.
  • Advising Apax Partners on the financing of the acquisition of Graitec, publisher and distributor in Europe and America, of BIM.

LPA-CGR avocats

LPA-CGR avocats

Practice head(s):

Alexae Fournier-de Faÿ

Testimonials

Team of strong financing negotiators, regardless of the complexity of the matter.

The practice is distinguished by its reactivity as well as its strong capacity to mobilise cross-practice teams to bring solutions both in negotiating and structuring deals.

Alexae Fournier-de Faÿ is always pragmatic and well experienced within the sector.

LPA-CGR is always looking for innovative approaches and is truly a leader in the area of real estate financing.

Key clients

AAREAL

AMARENCO

BARINGS

CODIC / NEXITY

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANKING

ETERNAM

MATA CAPITAL

NATIXIS

SOCIETE GENERALE

THE STUDENT HOTEL

Work highlights

  • Advising Aareal Bank AG on the financing of the acquisition by Groupe La Française and a South Korean investor, of an office building.
  • Advising PBB Deutsche Pfandbriefbank and Scor Investment Partners on the financing of the acquisition of the Gaspard building in Saint-Denis.
  • Advising Primonial Reim on the financing of the acquisition of Le Jour building in Paris 14th arrondissemen.

NH Law

NH Law

Practice head(s):

Jennifer Hinge; David Lussigny

Key clients

ALTICE

IDINVEST PARTNERS / BARINGS

LA MAISON BLEUE

CEREA MEZZANINE

IDINVEST PARTNERS

BARINGS

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

C’PRO

ARKEA BANQUE E&I

BANQUE PALATINE

ANTARIA PHARMACEUTICALS

NAXICAP PARTNERS

CIC PRIVATE DEBT

OVH

ALCENTRA

ROULLIER DETTTE

Work highlights

  • Advising Altice on its high-yield refinancing in the sum of  €2,650bn.
  • Advising Altice on the refinancing of two tranches of high yield bonds in the sum of €500m and $1,225m.
  • Advising OVH on the refinancing of its debt in the sum of €700m.

VOLT Associés

VOLT Associés

Practice head(s):

Alexandre Tron

Key clients

BNP Paribas

Crédit Lyonnais

Bred Banque Populaire

Banque CIC Est

CIC Private Debt

Banque Palatine

Crédit Industriel et Commercial

Caisse d’Epargne et de Prévoyance Ile de France

Idinvest

Andera Partners

Work highlights

  • Advised  CIC Private Debt and Idinvest Partners on the financing of the acquisition of ADIT by Parquest.
  • Advised the senior lenders on the financing of the acquisition of Rayonnance Technologies by Apax Partners.
  • Advised the senior lenders on the financing of the acquisition of Atland Développement by Foncière Atland Asset Management.