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Baker McKenzie and Franklin advise on the refinancing of the Metro Cash & Carry France portfolio of buildings

21 Mar 2017

Baker McKenzie law firm has advised Société Générale Corporate & Investment Banking within the framework of the implementation of mortgage financing facilities for OPCI French Wholesale Stores, represented by the management company, Amundi Immobilier and advised by Franklin.

The purpose of this operation was to refinance the debt of the OPCI investment fund in connection with a portfolio of buildings including 43 self-service wholesale shops spread throughout France.  These assets, owned by the OPCI, are leased to Metro Cash & Carry France as part of the activity of Metro Cash & Carry which belongs to the German distribution group Metro.

As part of this refinancing, Société Générale Corporate & Investment Banking acted as arranger, initial lender, agent, security trustee and hedging bank.

Société Générale Corporate & Investment Banking is at the heart of the Société Générale Group’s universal banking model. The financing and investment bank, whose activities are highly diversified, has a leading position with nearly 12,000 employees and a commercial offering in 37 countries with widespread European coverage and a footprint in the Central and Eastern European zones, the Middle East, Africa, the Americas and the Asia-Pacific region.

Société Générale Corporate & Investment Banking was advised by Baker McKenzie in Paris, with a team comprising Anne Vrignaud (partner), Thomas Lefebvre and Fabrice Varandas (associates).

Amundi Immobilier was advised by Franklin, with a team comprising Henry Ranchon (partner) and Cyrille Rumen (associate).

Matter Type
Banking & Finance - Real Estate Finance
Industry
Finance & Banking
News Category
Banking & Finance