Linklaters advised Legrand on its new €600 million bond issue. Allen & Overy advised the underwriters.
The bonds have a 10-year maturity and a coupon of 0.750% per annum. They have been listed on Euronext Paris since 20 May 2020.
The net proceeds of the bond issue will be used by Legrand for the general corporate purposes of its Group.
Legrand is a French industrial group historically based in Limoges in the Limousin region.
The Linklaters team advising Legrand was comprised of Véronique Delaittre (Picture), Partner, Clément Moine, Senior Associate, and Gaëtan Le Page, Associate. Nadine Eng, Senior Associate, advised on tax issues.
Allen & Overy advised BNP Paribas, Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial S.A., HSBC Bank plc, J.P. Morgan Securities plc, Natixis and Société Générale with Hervé Ekué and Laure Bellenger.