Advising Invivo in connection with the financing of its strategic plan by raising €800 million through a syndicated loan of €680 million and a bond issue of €120 million.
The two concomitant transactions ensure a balanced base of financing to support the development of the InVivo group’s businesses, refinance a part of the Group’s existing debt and invest in high-potential agricultural and agri-food activities. Supported by its long-standing banks, the Group is diversifying its financing sources:
- The €680 million syndicated loan structures and extends the Group’s banking partnerships both in France and internationally.
- The €120 million Euro PP bond issue comprises two €60 million tranches of six and seven years.
The success of this first bond issue lengthens the debt maturity at a highly attractive cost given today’s market conditions and contributes to forming a lasting relationship with European institutional investors.