• Who we are

    Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.

    Lancer la video dans une nouvelle page

  • Our team

    550 lawyers, including some 100 partners.

    • See all lawyers
    • Search in the directory
      select arrows
      select arrows
      select arrows
      select arrows
    • Scientific council

  • News & insights

    Gide communicates actively and regularly in the press and via its newsletters.

  • Careers

    Join Gide and become part of one of the few truly international French law firms.

    Apply onlineCurrent vacancies

You are here

Home > News & Insights > Gide acted as underwriters' counsel in a multi-tranche senior bond issuance of $3.75bn by EDF

News & Insights

Gide acted as underwriters' counsel in a multi-tranche senior bond issuance of $3.75bn by EDF

21 November 2018

Gide acted as underwriters' counsel in a multi-tranche senior bond issuance of USD 3.75 billion by EDF in the context of its return to the USD 144A/RegS bond market.

Gide has advised an underwriting syndicate of eight banks in connection with a senior bond offering of USD 3.75 billion by EDF, by way of a Rule 144A private placement in September. This issuance enables EDF to further strengthen the structure of its balance sheet, as well as refinance upcoming maturities.

The USD 3.75 billion senior bond offering included three tranches:

  • USD 1.8 billion, with a 10-year maturity and a fixed coupon of  4.500%
  • USD 650 million, with a 20-year maturity and a fixed coupon of 4.875%
  • USD 1.3 billion, with a 30-year maturity and a fixed coupon of  5.000%

The Gide team was led by U.S. securities law partner Melinda Stege Arsouze, assisted mainly by counsel Théophile Strebelle on French law aspects, together with senior associate Scott Logan and associate Amine Assouad on U.S. law aspects.

Top
© Gide 2024