SJ Berwin advised the group Elior catering through the establishment of a securitization program of trade receivables up to a maximum of EUR 300 million concluded on 29 May 2013, and arranged including Crédit Agricole CIB, HSBC and Rabobank.

This new program has also helped to refinance the existing securitization program established in 2006 by Elior a maximum amount of € 200 million.

SJ Berwin:

• Olivier Vermeulen, associate, Marc Zerah, senior associate on the financing aspects
• Etienne Boursican, partner, Edward walks, collaborator on the corporate aspects