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CMS advised Pricoa Private Capital on the first USPP bond issue under Belgian law for Biobest Group

18/03/2022

CMS Belgium, alongside CMS’ offices in France and the Netherlands and Torys LLP and Morgan, Lewis & Bockius LLP advised Pricoa Private Capital, a leading US institutional investor, on the first USPP bond issue under Belgian law by Biobest Group. Biobest is a world leader in pollination and integrated biological control.

This private placement denominated in Canadian dollars, with a 10-year maturity, was carried out on the basis of USPP documentation that is consistent with that used in the U.S. market, while being governed by Belgian law.

The Belgian team advising Pricoa Private Capital comprised Benoit Vandervelde and Florence Berchem (Capital Markets) and Olivier Querinjean and Arnout Vaninbroukx (Tax).

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