CMS Bureau Francis Lefebvre advised Vacalians Group in connection with entire re-financing of the debt of the companies of its group for an amount of €150 million.
Said structured financing was set up with an international banking pool comprised of Groupe Crédit Agricole (coordinator and arranger), Natixis – Groupe BPCE (arranger), Société Générale (arranger), Goldman Sachs (arranger), BNP, CIC, Arkéa. Said re-financing relates, in particular, to: a long term loan of €120 million and an investment facility of €30 million, to support its goals of external growth.
The Vacalians group, which results from the merger of luxury camping site assets held by Promeo and 21 Centrale Partners in 2012, is the European leader on said market which groups together, in particular, Village Center and Vacances Directes. It proposes 21,000 sites of which 15,000 with mobile-homes located in 220 destinations in Europe. The group manages 43 camping sites.
For said transaction, Vacalians Group was advised by CMS Bureau Francis Lefebvre with Grégory Benteux, Alexandre Bordenave and Alexandre Chazot for financing aspects; Christophe Blondeau, Thomas Hains and Celia Mayran for corporate aspects; and Laurent Hepp, Florian Burnat and Sophie Delplancke for tax aspects
The transaction’s other advisors were:
- Attorney at law: Hogan Lovells (Sabine Bironneau, Sophie Lok, Amaël Beauvallet)
For more information, please contact: