Gide on the first Restricted Tier 1 issuance by CNP Assurances
3 July 2018
Deals | France | Capital Markets & Tax
Gide has advised CNP Assurances on the issuance of its EUR 500 million perpetual deeply subordinated "Restricted Tier 1" notes, admitted to trading on Euronext Paris.
This transaction is the largest euro-denominated Restricted Tier 1 subordinated notes issue by a European insurer so far.
Gide's team was led by Hubert du Vignaux (partner, Capital Markets), assisted by Bastien Raisse (senior associate) and Laure Bellenger (associate). Laurent Modave (partner, Tax), assisted by Foulques Delaporte (associate), provided assistance on tax issues.
The joint lead managers were advised by Allen & Overy Paris.