5 October 2020
USA | France | International Capital Markets
Gide advised Pernod Ricard S.A. (“Pernod Ricard”) in connection with the issuance by Pernod Ricard International Finance, LLC, a wholly-owned subsidiary of Pernod Ricard, who acted as guarantor of the issuance.
This new bond issuance, in an aggregate principal amount of USD 2,000,000,000 in bonds, comprised three tranches:
The return to the USD bond market is another step forward in Pernod Ricard’s financial strategy to pro-actively manage near-term debt redemptions while reducing its average cost of debt and lengthening its maturity profile.
The Gide team advising Pernod Ricard was led by capital markets partner Melinda Stege Arsouze, together with senior associate Scott Logan and associate Mélanie Simon.
The underwriters were advised by White & Case.