Linklaters advises Nexans on the issuance of bonds worth €575 million

Linklaters advised Nexans on the issuance of new bonds with a principal amount of €575 million, maturing in May 2029 and bearing an annual interest of 4.125 percent.

The bonds are admitted to trading on the regulated market of Euronext in Paris. The net proceeds from this new issue will be used by Nexans to finance the acquisition of La Triveneta Cavi spa announced in February 2024, and/or for general corporate purposes of the Group.

Linklaters also advised Nexans in April 2023 on the first issuance of Sustainability-Linked Bonds and in March 2024 on the issuance of bonds for a principal amount of € 350 million, with a term of six years and an annual interest rate of 4.25 percent.

The Linklaters team that advised Nexans consisted of Véronique Delaittre, partner and Elise Alperte, manager.