Lagardère’s €500 Million Notes Offering

Bredin Prat and Linklaters advised in this transaction.

The bonds have a maturity of 7 years and bear interest at a rate of 2.125% per annum. They have been admitted to trading on the Luxembourg Stock Exchange since 16 October 2019.

The banking syndicate was composed of Crédit Agricole Corporate and Investment Bank as global coordinator and Banco Santander, S.A., BNP Paribas, Citigroup Global Markets Limited, Mizuho Securities Europe GmbH and Societe Generale as lead partners.

This new issue will allow Lagardère to extend the average maturity of its debt and maintain its liquidity.

Bredin Prat advised Lagardère with Raphaële Courtier (Picture), Emmanuel Masset, and Jean-Damien Boulanger.

Linklaters advised the banking syndicate with Véronique Delaittre, Olivia Giesecke and Batoul Laanani.

Involved fees earner: Jean-Damien Boulanger – Bredin Prat; Raphaële Courtier – Bredin Prat; Emmanuel Masset – Bredin Prat; Véronique Delaittre – Linklaters; Olivia Giesecke – Linklaters; Batoul Laanani – Linklaters;

Law Firms: Bredin Prat; Linklaters;

Clients: Banco Santander Sa; BNP Paribas; Citigroup Global Markets Ltd; Crédit Agricole Corporate and Investment Bank; Lagardére SCA; Mizuho Securities; Société Générale;