A&O advises on EUR400 million high yield bond issuance by Emeria (formerly Foncia)

The new notes were issued under the company’s existing indenture dated as of March 25, 2021 governing its outstanding EUR400 million 3.375% senior secured notes due 2028, on which Allen & Overy previously advised. The new notes constitute a single class of securities with the existing notes but a separate series.

The transaction was led by high yield partner John Kicken and supported by associates Sampada Bannurmath, Jeff Xu and Amirali Azinfar. Banking partner Philip Bowden, senior associate Luke Newling and associate Paridhi Srivastava also advised on the transaction.