Global law firm White & Case LLP has advised BNP Paribas, HSBC France, ING Bank N.V., French Branch and Natixis, as mandated lead arrangers and bookrunners, as well as mandated lead arrangers, arrangers and lenders, on €600 million syndicated loan facilities for Elis.

The facilities include senior term and revolving facilities and will be used by Elis to improve its financial profile and partially refinance the existing bridge term facility agreement that was entered into relation to its acquisition of Berendsen.

White & Case also recently advised the bank syndicate on the issuance of OCEANE by Elis and on the bridge term facility to finance the Berendsen acquisition.

The White & Case team in Paris which advised on the transaction was led by partner Denise Diallo with support from associates Lycia Alderin, Laure Elbaze and Anne-Lise Derouet.