White & Case Advises SNCF Réseau on its Green Bond Issue
Global law firm White & Case LLP has advised SNCF Réseau, the French railway infrastructure manager, in the context of its debut Green Bond issue of €900 million one percent Notes due 2032.
The Notes, issued on November 9, 2016 are admitted to trading on the regulated market of Euronext Paris.
SNCF Réseau is the first railway infrastructure manager in the world and the first European transportation entity to issue a Green Bond.
The proceeds of this issue will be allocated in priority to maintenance and upgrades of the railway network and to development of new projects and the strengthening of the strategy of SNCF Réseau dedicated to biodiversity and protection of natural resources.
The White & Case team in Paris which advised on the transaction was led by partners Cenzi Gargaro and Séverin Robillard, assisted by counsel Elsa Imbernon and associate Mathieu Damnon, and, in London Tallat Hussein, environmental counsel.
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