InVivo Group €800 million financing

28/1/2016
Financing

€ 800 million

$ 855.729 million

Completed

28/1/2016


Overview:

  • French agricultural cooperative group InVivo secured financing with an aggregated value of €800 million. 
  • The financing came in the form of a €680 million loan from a syndicate of 12 banks, and a €120 million Euro PP bond issue made up of two €60 million tranches of six and seven years.
  • Caisse régionale de crédit agricole mutuel de Paris et d'Ile-de-France and Natixis acted as coordinators, mandated lead arrangers and bookmakers for the syndicated loan. 
  • Natixis and Crédit Agricole CIB acted as lead managers for the EuroPP. 

John Crabb - Journalist 

Jurisdiction:

France

Deal type:

Financing

Practice area:

Banking

Governing law:

France

Industry sector:

Agriculture


Firms:

Party: Natixis (Mandated lead arranger, Coordinator, Documentation agent, Lead manager)

Party: BACS Banco de Crédito y Securitización (Lead manager)

Party: Caisse régionale de crédit agricole mutuel de Paris et d'Ile-de-France (Mandated lead arranger, Coordinator)


Party: InVivo (Borrower)

Party: Union InVivo (Guarantor, Borrower)