Séché Environnement’s €300 Million High Yield Bond Offering

In UK White & Case, advised on the matter.

White & Case advised Séché Environnement with a team including Gilles Teerlinck (Picture – Debt Capital Markets).

Séché Environnement S.A. finalized its debut high yield bond offering, which closed on November 4, 2021.

The proceeds of the offering have been used to refinance existing indebtedness and for general corporate purposes.

The offering was for €300 million sustainability-linked senior notes due 2028 issued by Séché Environnement S.A. The notes were offered and sold pursuant to Regulation S under the US Securities Act and listed on the Official List of The International Stock Exchange.

Created over 35 years ago, Séché is an independent family business that has become a force in Europe and the world known for its expertise in all waste management processes and its decontamination and environmental emergency services.

The White & Case team which advised on the transaction was led by partner Gilles Teerlinck (Picture; London) and included partner Severin Robillard (Paris) and associates Brian Dearing, Callie Wallace and Pierre Brule (all London) and Charles Linel and Julien Gerson (both Paris). Tax support was provided by partner Estelle Philippi and associate Claire Sardet (both Paris).

Involved fees earner: Pierre Brule – White & Case; Brian Dearing – White & Case; Julien Gerson – White & Case; Charles Linel – White & Case; Estelle Philippi – White & Case; Séverin Robillard – White & Case; Claire Sardet – White & Case; Gilles Teerlinck – White & Case; Callie Wallace – White & Case;

Law Firms: White & Case;

Clients: Séché Environnement;

Author: Giulia Di Palma