"Generalfinance Issues €30 Million Tier 2 Bond to Support Growth Plans, Assisted by White & Case and Legance"

"Generalfinance has issued a €30 million Tier 2 callable subordinated bond with a 10-year and 3-month maturity (due January 2036) and an annual fixed coupon of 6.875%, subject to reset in January 2031. The bond, exclusively for qualified investors, is listed on Euronext Dublin's Global Exchange Market. The proceeds will support Generalfinance's growth plans and strengthen its capital structure. Legal firms White & Case and Legance advised Goldman Sachs and Generalfinance, respectively, on the transaction."

The law firms White & Case and Legance participated in the transaction, assisting Goldman Sachs and Generalfinance, respectively. The transaction involved the issuance of a Tier 2 callable subordinated bond by Generalfinance for an amount of €30 million, with a maturity of ten years and three months (expiring in January 2036) and an annual fixed coupon of 6.875%, subject to reset in January 2031. The issuance, exclusively reserved for qualified investors, was listed on the "Global Exchange Market" operated by Euronext Dublin. Generalfinance, a financial company specializing in factoring and consultancy services, will use the proceeds from the issuance to support its development plans and strengthen its capital structure. White & Case assisted Goldman Sachs, acting as sole lead manager, with a team coordinated by partners Michael Immordino and Pietro Magnaghi, and associate Aurora Zamagni. Partner Alessandro Zappasodi and associate Andrea Lamonica handled regulatory law aspects. Legance assisted Generalfinance with a team coordinated by partners Federico Vezzani and Antonio Siciliano, and composed of managing associate Caterina De Stefano and associates Francesco Fasoli and Nicla Muscillo.

"Generalfinance Issues €30 Million Tier 2 Bond to Support Growth Plans, Assisted by White & Case and Legance"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads