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Portrait of Marc-Etienne-Sébire VDEF

Marc-Etienne Sébire

Partner
Global Co-Head of the CMS Banking & Finance Group

CMS Francis Lefebvre Avocats
2 rue Ancelle
92522 Neuilly-sur-Seine
Cedex
France
Languages English, French

Marc-Etienne is partner and co-heads the CMS Banking & Finance Group, which consists of over 550 lawyers in 40 countries.

Marc-Etienne set up the Capital Markets practice in France. He advises on a wide range of debt capital markets, equity capital markets and derivatives transactions.

With over 20 years' experience, Marc-Etienne has advised numerous issuers and financial institutions on debt issues (over €150 billion financed since 2011): Eurobond, Euro PP, hybrid securities, commercial paper, EMTN programmes, covered bonds and liability management transactions. Very involved in sustainable finance, he has advised on numerous issues of green bonds, social bonds and sustainability-linked bonds.  

Marc-Etienne also has particular expertise of derivatives transactions, covering their documentation (ISDA, FBF, etc.) and regulatory aspects (EMIR, etc.).

He is also a regular contact for public authorities on capital market issues.

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Capital markets: Debt capital markets: Leading individuals

Legal 500 EMEA 2022

Capital Markets: Debt, Band 2

Chambers global 2022

Best Lawyer - Banking and Finance Law / Capital Markets Law / Derivatives

Best Lawyers 2022

Capital Markets: Debt capital markets, Leading individuals

The Legal 500 EMEA 2021

Capital Markets: Debt, Band 2

Chambers Global 2021

Capital Market: Debt, Band 2

Chambers Europe 2021

Capital Markets: Debt, Band 2

Chambers Global 2019

Capital Markets: Debt, Band 2

Chambers Europe 2019

Leading Individuals: Capital markets: Bonds

Legal 500 Paris 2019

Relevant experience

  • CMS Francis Lefebvre (since 2011)
  • Gide Loyrette Nouel, Paris (2007-2011)
  • Gide Loyrette Nouel, London (2004-2007)
  • Simpson Thacher and Bartlett, New York (2003-2004)
  • Gide Loyrette Nouel, Paris (1999-2003)

Relevant operations:

  • Adviser to the lead managers or the issuer on public bond issues (Eurobond): Bel, Biomérieux, Ceetrus, Imerys, Neopost, Plastic Omnium, Socram Banque, Publicis, Vilmorin & Cie, etc.
  • Adviser to the lead managers or the issuer on Euro PP issues (over 200 Euro PP issued since the launch of the market in 2012): Akuo, Altarea, Altrad, Altran, Artea, Bel, Bonduelle, Chargeurs, Compagnie de Phalsbourg, Foncière Atland, Gaumont, GFI, Groupe Lucien Barrière, Fareva, Fimalac, Financière Agache, FFP, ITM Entreprise, Korian, M6, Manitou, NGE, Neopost, Newrest, OVH, Paragon, Réalités, Sopra Steria, Sonepar, Sleever, Saint Jean Industrie, Visiativ, etc.
  • Adviser to the lead managers or the issuer on hybrid securities (TSSDI, TSDI et TSR) issues: Apicil Prévoyance, Crédit Mutuel Arkea, Groupe des Assurances du Crédit Mutuel, Océa, Orange, Réalités, etc.
  • Adviser to the arranger or the issuer on liability management transactions (tender or exchange offers): Alstom, Bel, BFCM,  Imerys, Klépierre, etc.
  • Adviser to the arranger and the dealers or the issuer on the setting up and update of  EMTN  programmes (Euro Medium Term Notes) and drawdowns under such programmes: corporates (ELO, Imerys, Klépierre, SFIL, etc.), banks (Bpifrance, Crédit Mutuel Arkea, etc.), local authorities (Seine et Marne, Pays de la Loire, etc.) and covered bond issuers (Arkea Public Sector SCF,  Axa Home Loan SFH, BPCE SFH, CAFFIL, Crédit Mutuel Home Loan SFH, La Banque Postale Home loan SFH, MMB SCF, etc.).
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Memberships & Roles

  • Vice-Chair of the Regional Committee for France of ICMA (International Capital Market Association)
  • President of the Comité Euro PP
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Publications

  • Titre obligataire et émission d'obligations,  Etude Joly Bourse/Lextenso (since 2020)
  • Mémento Sociétés Commerciales (Editions Francis Lefebvre, co-auteur, since 2018)
  • Debt capital markets in France: regulatory overview, Practical Law (June 2020)
  • Observatoire des Euro PP (author, since 2015)
  • Euro PP Charter (2014 and 2019): co-drafter for the Banque de France, the French Treasury and ten trade associations representing borrowers, arrangers and investors
  • European Corporate Debt Private Placement Market Guide: co-drafter for ICMA (International Capital Market Association, 2016)
  • 2017 amendments to French laws governing bond issuances: as a member of the bond commission of Paris Europlace, he actively contributed to the modernisation of bond issuances in France
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Education

  • Solicitor, England & Wales (2007)
  • Avocat, CAPA (1999)
  • Master's Degree in Law and Economics of Banking Activities and Financial Markets (DESS, 1997)
  • Bachelor's Degree in Business Law (maîtrise de Droit des Affaires, 1996)
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CMS Fran­cis Le­fe­b­vre ad­vised FM Hold­ing Cor­por­ate on the is­sue of its first sus­tain­ab­il­ity-linked Euro PP.The bonds were is­sued for a total amount of €124,200,000 in three tranches, with ma­tur­it­ies...
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