Loxam’s €345 Million Five-year Senior Secured Revolving Credit Facility

Shearman & Sterling advised Natixis, Société Générale, BNPP and CACIB, as Mandated Lead Arrangers on the deal.

The transaction consists in a €345 million five-year senior secured revolving credit facility for Loxam Group.

The Loxam Group is the leading equipment rental company in Europe with consolidated revenue of €1.989 million in 2020, 10,800 employees and is the fourth largest in the world with a network of approximately 1,050 branches over 30 countries on four continents.

The Shearman & Sterling team included partners Pierre-Nicolas Ferrand (Picture, Paris-Finance), Gary Hamp (Londres-Finance) and Gordon Houseman (Londres-Finance), with support from Benjamin Marché (Paris-Finance), Charles Filleux-Pommerol (Paris-Tax), Charlie Gelbon (Paris-Finance) and Tim Waterson (Londres-Finance).

Involved fees earner: Pierre-Nicolas Ferrand – Shearman & Sterling; Charles Filleux Pommerol – Shearman & Sterling; Charlie Gelbon – Shearman & Sterling; Gary Hamp – Shearman & Sterling; Gordon Houseman – Shearman & Sterling; Benjamin Marché – Shearman & Sterling; Tim Waterson – Shearman & Sterling;

Law Firms: Shearman & Sterling;

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

Read the full article on Global Legal Chronicle France

Author: Naoual Sadouqi

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