Global law firm White & Case LLP has advised the bank syndicate led by Crédit Agricole, Goldman Sachs and Morgan Stanley, as Global Coordinators and Joint Bookrunners, on Altran’s €750 million capital increase with preferential subscription rights, with which it will refinance the acquisition of Aricent.
The acquisition, which closed on March 20, 2018, enables Altran to become the undisputed global leader in the engineering and research & development services.
The net proceeds of the capital increase will be used to redeem the €250 million bridge facility in full, and also part of the €2.125 million Term Loan B, which were entered into in February 2018 in relation to the Aricent acquisition, and drawn in full. Altran shares are admitted to trading on the regulated market of Euronext Paris.
The White & Case team in Paris which advised on the transaction was led by partners Séverin Robillard and Thomas Le Vert and included partner Alexandre Ippolito, counsel Max Turner and associates Tatiana Uskova, Alice Chavaillard and Guillaume Keusch.
Press contact
For more information please speak to your local media contact.
