Gide advises the lenders on the financing of Ardian’s new transaction alongside HR Path, valuing the group at close to $1 billion

Gide advised the lenders on the financing of Ardian’s new transaction alongside HR Path, valuing the group at close to $1 billion.

The lending syndicate, led by Société Générale, Crédit Agricole Corporate and Investment Bank, HSBC Continental Europe and The Governor and Company of the Bank of Ireland as mandated lead arrangers, made available to the group a €340 million senior debt facility and a revolving credit facility of approximately €70 million.

HR Path, a leading global player in human resources consulting, is supported by Ardian during this key stage of its development.

The Gide team was composed of:

• partner Nathalie Benoit, counsel Margaux Allilaire and associates Karina Tepsaeva and Tom Schneider, on financing aspects; and
• partner Magali Buchert and counsel Charles Ghuysen, on tax aspects.