IFLR1000

OVH €400 million refinancing

5/7/2017
Refinancing
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€ 400 million

$ 457 million

Announced

5/7/2017

Overview:

  • OVH has received refinanced €400 million of its credit facilities.
  • Société Générale, BNP Paribas, Crédit Agricole and HSBC, JPMorgan, CIC Nord-Ouest and BCMNE acted as lenders.
  • The financing was in form of revolving credit facilities.
  • OVH is a French cloud computing company and the proceeds will be used for expansion.

Katrin Kostadinova - Data analyst

Jurisdiction:

France

Deal type:

Refinancing

Practice area:

Banking

Governing law:

France

Industry sector:

Technology and telecommunications

Firms:
De Pardieu Brocas Maffei

Party: Société Générale Corporate & Investment Banking (Lender)

Party: BNP Paribas (Lender)

Party: Crédit Agricole Corporate and Investment Bank (Lender)

Party: HSBC (Lender)

Party: JP Morgan (Lender)

Party: CIC Nord Ouest (Lender)

Party: Banque Commerciale du Marché Nord Europe (Lender)

Lawyer: Christophe Gaillard

NH Law

Party: OVH (Borrower)

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