Axéréal, a leading cooperative in the grain business, has successfully issued its first private placement bond in the form of a Euro PP (maturing in 6/7 years) and has raised €150 million from a dozen private investors. This is the most significant fund-raising operation in its sector.
Through various concomitant financial operations Axéréal mobilised a total of €1.2 billion in the broader context of a plan to refinance its business and development, thus allowing the organisation to fund its growth over the next five to seven years.
For this operation CMS Bureau Francis Lefebvre acted as a consultant for the lead underwriters, Crédit Agricole Corporate and Investment Bank and Société Générale, as well as the secondary underwriter Natixis.
The CMS Bureau Francis Lefebvre team comprised Marc-Etienne Sébire (partner) and Rosetta Ferrère and Marine Froger (associates).
Axéréal was advised by De Pardieu Brocas Mafféi, whose team comprised Corentin Coatalem (partner) and Aurélie Paneels and Steeve Jaskierowicz (associates).
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