Gide advised the underwriting syndicates in the context of two U.S. dollar bond offerings by EDF in the form of private placements. The first offering was a $3.5 billion senior bond issue in four tranches, including:
* $1.5 billion, with a 5-year maturity and a fixed coupon of 2.350%
* $500 million, with a 20-year maturity and a fixed coupon of 4.750%
* $1.15 billion, with a 30-year maturity and a fixed coupon of 4.950%
* $350 million, with a 40-year maturity and a fixed rate coupon of 5.250%
The second offering was a $1.25 billion Green Bond issuance with a 10-year maturity and a fixed coupon of 3.625%. This offering constitutes the largest ever USD denominated Green Bond from a corporate issuer.
The Gide team was led by Melinda Stege Arsouze and Chris Mead, U.S. law partners, and Arnaud Duhamel, a French law partner, assisted mainly by Scott Logan and Théophile Strebelle.