Euro PP Observatory – Mai 2019

Our law firm gives you the best overview of the Euro PP market

06/05/2019

You can access the May 2019 edition of the Euro PP Observatory from CMS Francis Lefebvre Avocats via the link below.

Our Observatory includes both listed Euro PPs (part 1) and unlisted Euro PPs subject to a public announcement (part 2), to give you a clearer picture of the market.

You will find Euro PPs completed since market launch, analysed according to the following criteria:

  • issuer
  • issue date
  • amount/coupon/maturity
  • listing market
  • scope of the negative pledge clause
  • existence of a change of control clause
  • commitment linked to financial ratios
  • existence of other specific commitments (information obligations, limit on secured borrowings, limit on external growth operations, limit on dividend distributions, existence of security interests, interest rate step-up, etc.)
  • existence of a make-whole call provision
  • existence of a fall-away clause and scope of the fall-away.
Publication
Euro PP Observatory - May 2019
Download
PDF 1.2 MB

Authors

Picture of Marc-Etienne Sebire
Marc-Etienne Sébire
Partner
Paris
Picture of Rosetta Ferrere
Rosetta Ferrère
Counsel
Paris
Picture of Yael Fitoussi
Yaël Fitoussi
Associate
Paris
Picture of Myriam Issad
Myriam Issad
Associate
Paris
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