18 July 2013
18 July 2013 - Allen & Overy and Gide Loyrette Nouel on the partial buyback of a series of perpetual subordinated notes and the simultaneous issuance of perpetual subordinated notes by CNP Assurances
Allen & Overy Paris assisted the banks (BNP Paribas, Barclays, Citigroup, HSBC, Natixis and Société Générale Corporate & Investment Banking) and Gide Loyrette Nouel assisted the company on two simultaneous transactions by CNP Assurances: a partial buyback of a EUR 1.25 billion issue of perpetual subordinated notes in 2006 admitted to trading on the regulated market of the Luxemburg stock exchange, alongside a USD 500 million issue of perpetual subordinated notes, admitted to trading on the Euronext Paris market and mainly placed with Asian and European investors.
Allen & Overy's team was led by François Poudelet (partner, international capital markets) assisted by Julien Sébastien and Laurent Vincent (associates, international capital markets) and Viviane Carpentier (associate, tax). Gide Loyrette Nouel's team was led by Hubert du Vignaux (partner, capital markets) assisted by Théophile Strebelle (associate, capital markets).