Global law firm White & Case LLP has advised BNP Paribas, LCL and Société Générale, as senior lenders, in relation to the financing of Sagard’s acquisition of Stokomani, a leading French discount retailer of high-end brands, from Advent International.
The senior debt package is worth €96 million. Stokomani’s turnover in 2011 was approximately €200 million.
In Paris, the White & Case team was led by partner Raphaël Richard, head of the banking & capital markets practice, and Richard was assisted by associates Julien Chameyrat, David Ramos and Thierry Pujol d’Andrébo on financing issues, associates Nathalie Nègre-Eveillard and Alann Le Guillou on corporate issues and partner Norbert Majerholc and associate Christel Alberti on tax issues.
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