De Pardieu Brocas Maffei has advised Apsys on a subscribtion of an undated subordinated notes for €150 million by funds managed by Apollo (NYSE : APO), as part of its European Principal Finance business, to finance its growth in France and Poland.

The issue will be subscribed in May 2022.

The proceeds of this issue will be used to finance Apsys’ growth in France and Poland and to reduce leverage in line with the Group’s strategy.