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White & Case Advises on MCS Groupe's €200 Million High Yield Bond Offering

29 Sep 2016

Global law firm White & Case LLP has advised Morgan Stanley & Co. International plc and J.P. Morgan Securities plc, as joint global coordinators and joint bookrunners, and Société Générale as joint bookrunner, on the €200 million offering of senior secured floating rate notes due 2021 by MCS Groupe, a leading purchaser and servicer of mortgages and consumer and SME financial debt in France.

The notes were issued on September 28, 2016 and priced at three-month EURIBOR plus 5.75 percent. White & Case also advised BNP Paribas, Morgan Stanley Bank International Limited and Société Générale Corporate and Investment Banking, as mandated lead arrangers, and BNP Paribas, Morgan Stanley Bank International Limited, J.P. Morgan Securities plc and Société Générale, as original lenders, and J.P. Morgan Europe Limited as facility agent, on MCS Groupe's new €25 million super senior revolving credit facility.

The White & Case team in Paris which advised on the transaction was led by partner Colin Chang with support from counsel Max Turner and associates Linda Sharkey and Diogo Metz. Partner Samir Berlat and counsel Julien Chameyrat, with support from associates Roman Picherack, Laure Elbaze and François Jubin, advised on the revolving credit facility. Partner Philippe Herbelin, with support from counsel Emmanuel Lebaube and associate Isabelle Touré-Farah, advised on matters of French law.

Matter Type
Banking & Finance - Capital Markets: Debt
Industry
Finance & Banking
News Category
Banking & Finance