Our Banking & Credit team, present throughout the world, acts on all types of financing: corporate financing, acquisition financing (listed or non-listed companies, LBO, MBO, MBI and other leveraged acquisition operations, whether for senior lenders, Mezzanine lenders or borrowers), syndicated loans, asset financing (buildings, vehicles, ships, aircraft, equipment, stocks, raw materials and any other type of asset), export credits, financing of projects and leasing operations, and offers bespoke solutions to its clients. Our Banking & Credit team is highly active in terms of debt restructuring/renegotiation, acquisition or sale of receivables portfolios and Islamic financial practices.
- Advising two banking syndicates comprising 24 banks for the refinancing of APRR (Autoroutes Paris-Rhin-Rhône)-Eiffarie’s debt, amounting to EUR 3.5 billion.
- Advising arrangers on the only mortgage bond issues conducted in France.
- Advising arrangers on the refinancing of the Groupe du Louvre’s budget hotels portfolio.
- Advising the arranger on financing the construction and exploitation of the Ashegoda windfarm in Ethiopia.
- Blaise-Diagne international airport (Dakar) / Project financing (BOT): advising on financing the construction of a new airport in Dakar, Senegal.
‘Best in class’, Gide Loyrette Nouel has ‘in-depth knowledge and ability to react quickly on any competitive bid or process’ in property finance. The practice advises banks on the market’s largest transactions and assisted BNP Paribas and CACIB with the €410m financing of the acquisition of Tour First in La Défense. Rémi Tabbagh ranks among the market’s top advisers in the sector, along with the ‘extremely well-known’ Kamel Ben Salah. The 57-lawyer practice has a broad range of other expertise, advising lenders, corporations and sponsors on acquisition finance, asset finance and project funding. Other highlights included assisting the senior lenders with the financing of Partners Group’s buyout of Foncia, as well as acting for FNAC on financing the acquisition of Darty. Eric Cartier-Millon is a leading figure. Also recommended are counsel Thomas Binet and recently promoted partner Laetitia Lemercier.
Legal 500 EMEA 2017
Leading banking and finance practice with solid expertise across the financial sector, covering structured, corporate, acquisition and real estate finance. Impressive client base comprising international banks, private equity and sovereign funds. Also recognised for its prominent activity in the financial services regulatory field. Strengths 'The firm's main strength is that they have solid knowledge on legal matters and enough resources to provide support in a timely manner.' 'They are very reactive and pragmatic, they don't complicate things and they very much listen to what clients have to say.'
Chambers Europe 2017
The banking and finance practice at Gide is one of the finest in France, and had a very busy period over the last 12 months. Notable transactions include work for the Lactalis Group in connection with its €5 billion refinancing. Another large cap transaction saw the firm represent Veolia Environment in connection with the establishment of a multicurrency revolving facility. A further transactional highlight was work for car hire company Europcar, as it sought to refinance its debt in connection with its IPO on the Euronext Paris. Finally, in acquisition finance the firm represented the lenders in connection to the financing for the acquisition by Swiss investment fund Partners Group, Eurazeo and Bridgepoint of French real estate group Foncia.