A&O Shearman Advises Banking Syndicate on Verallia's EUR850 Million Dual‑Tranche Bond Issuance

"A&O Shearman advised a banking syndicate including BNP Paribas, Crédit Agricole CIB, Société Générale, HSBC and Natixis on Verallia’s issuance of two bond tranches totalling EUR850 million (EUR350m at 3.5% due 2029; EUR500m at 4.375% due 2033), admitted to trading on Euronext Paris. Proceeds refinance an April 2025 bridge loan and extend debt maturity."

A&O Shearman advised the banking syndicate comprising BNP Paribas, Crédit Agricole CIB, Société Générale, HSBC and Natixis in connection with Verallia’s bond issuance admitted to trading on the regulated market of Euronext Paris. The transaction comprised two fixed‑rate tranches totalling EUR850 million. The first tranche, for EUR350 million, carries a 3.5% coupon and matures on 14 November 2029. The second tranche, for EUR500 million, carries a 4.375% coupon and matures on 14 November 2033. The proceeds will be used to refinance the bridge loan contracted in April 2025, thereby diversifying Verallia’s financing sources and extending the average maturity of its debt. Verallia is the European leader and the world’s third‑largest producer of glass packaging for beverages and food products. A&O Shearman represented the banking syndicate (BNP Paribas, Crédit Agricole CIB, Société Générale, HSBC and Natixis) with a team composed by: Julien Sébastien, Partner (Paris) — lead on French capital markets law aspects; Soline Louvigny, Counsel (Paris) — capital markets; Bianca Nitu, Associate — capital markets; Aziz Ben Hamida, Jurist — capital markets; Mathieu Vignon, Partner (Paris) — tax advice; Virginie Chatté, Senior Associate (Paris) — tax advice.

A&O Shearman Advises Banking Syndicate on Verallia's EUR850 Million Dual‑Tranche Bond Issuance

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