Consolis’ €300 Million Notes Offering

Shearman & Sterling and NautaDutilh represented the initial purchasers in the transaction.

Consolis Group S.A.S. executed its €300 million offering of 5.750% senior secured notes due 2026 by Compact Bidco B.V. The offering, which was conducted pursuant to Rule 144A and Regulation S under the U.S. Securities Act, closed on May 7, 2021.

BNP Paribas, Crédit Agricole Corporate and Investment Bank, Natixis, Nordea Bank Abp and Société Générale acted as initial purchasers for the offering.

Consolis is one of the leading European manufacturers of precast concrete elements based on net sales. The company designs, manufactures and assembles precast concrete elements into core building structures, delivering design, project management and assembly services to contractors, developers and investors in the public and private non-residential and residential construction end-markets. The company also delivers infrastructure utilities such as pressure pipes used in water supply, irrigation and sewage systems as well as in power stations.

The Shearman & Sterling team included Ward Mckimm (Picture), Gary Hamp, Chantelle Dovey, Oscar Lopez, Charles Case, Tom Capper, Kristen Garry, Thomas Donegan, Molly Harding, Kristina Killick, Pierre-Nicolas Ferrand, Hervé Letréguilly, Séverine De La Courtie, Benjamin Marché, David St-Onge, Gaspard Bastien-Thiry, Niels Dejean, Anne-Sophie Maes, Benjamin Lambert, and Iain Sneddon.

The NautaDutilh Antonia Netiv, Dewi Walian, Nina Kielman, Niels Hagelstein.

Involved fees earner: Niels Hagelstein – NautaDutilh; Nina Kielman – NautaDutilh; Antonia Netiv – NautaDutilh; Dewi Walian – NautaDutilh; Gaspard Bastien-Thiry – Shearman & Sterling; Tom Capper – Shearman & Sterling; Charles Case – Shearman & Sterling; Séverine de la Courtie – Shearman & Sterling; Niels Dejean – Shearman & Sterling; Thomas Donegan – Shearman & Sterling; Chantelle Dovey – Shearman & Sterling; Pierre-Nicolas Ferrand – Shearman & Sterling; Kristen Garry – Shearman & Sterling; Gary Hamp – Shearman & Sterling; Molly Harding – Shearman & Sterling; Kristina Killick – Shearman & Sterling; Benjamin Lambert – Shearman & Sterling; Hervé Letréguilly – Shearman & Sterling; Oscar Lopez – Shearman & Sterling; Anne-Sophie Maes – Shearman & Sterling; Benjamin Marché – Shearman & Sterling; Ward McKimm – Shearman & Sterling; David St-Onge – Shearman & Sterling;

Law Firms: NautaDutilh; Shearman & Sterling;

Clients: BNP Paribas; Crédit Agricole Corporate and Investment Bank; Natixis; Nordea Bank AB; Société Générale;

Author: Federica Tiefenthaler