Follow us

The Avril Group has just announced it has raised €880 million in financing for its strategic plan AVRIL 2020 through a combination of a €650 million club deal and €230 million in trade receivables securitisation.

The Avril Group has just announced it has raised €880 million in financing for its strategic plan AVRIL 2020 through a combination of a €650 million club deal and €230 million in trade receivables securitisation.

 AVRIL has thereby boosted its sources of financing:

the €650 million club deal sees the emergence of a new banking pool organised around the Group's traditional banks and new international partners;
the existing securitisation programme has been expanded and optimised, going from €150 million to €230 million.

 The financing was arranged by:

Natixis and Société Générale CIB (Coordinators), for the club deal
Crédit Agricole CIB for the securitisation programme.

 Herbert Smith Freehills Paris LLP advised the Coordinators of the club deal with a team led by Laure Bonin (partner) assisted by Romain Guirault and Ariane Schembri.

 

About Herbert Smith Freehills

Operating from over 26 offices across Asia Pacific, EMEA and North America, Herbert Smith Freehills is at the heart of the new global business landscape providing premium quality, full-service legal advice. We provide many of the world’s most important organisations with access to market-leading dispute resolution, projects and transactional legal advice, combined with expertise in a number of global industry sectors, including energy, natural resources, infrastructure, technology and financial services. www.herbertsmithfreehills.com

Follow us on Twitter  @HSFPressOffice 

Media contact:
Sonal Ladwa
Business Development Lead, Paris
+33 1 53 57 72 28
[email protected]