8 October 2024
Deals | France | Banking & Finance
Gide assisted a bank syndicate composed of Commerzbank, Crédit Agricole Corporate and Investment Bank and Natixis in connection with the issue of €250,000,000 Tier 2 subordinated notes by Apicil Prévoyance, with a fixed coupon of 5.375%, and admitted to trading on Euronext Growth in Paris.
Simultaneously, Gide advised the bank syndicate on the tender offer by Apicil Prévoyance on a series of notes for an amount of €61.5 million.
Gide’s team was led by partners Hubert du Vignaux and Laurent Vincent, assisted by counsel Louis Ravaud and associates Shanna Kim and Emilie Radisson.
Apicil Prévoyance was assisted by Banque Hottinguer as Structuring Advisor, and advised by Allen Overy Shearman Sterling LLP.