Global law firm White & Case LLP acted for Banque PSA Finance on its successful Euro 1.2 billion 0.625% Notes due 2016 guaranteed by the French State. The issue, which was completed on 8 April 2013, was the first to benefit from the French State Guarantee which constituted state aid approved by the EU Commission on a temporary basis pending a final decision on the restructuring plan for the PSA group.
White & Case LLP advised Banque PSA Finance in connection with the Notes issuance and Bredin Prat advised in connection with the State Guarantee. The White & Case team was led by partners Philippe Herbelin and Cenzi Gargaro, assisted by Adeline Poucheparadj (capital markets) and Alexandre Ippolito (tax). The Bredin Prat team was led by Samuel Pariente, partner, assisted by Marie-Amélie Simon.
The Joint Lead Managers were advised by Clifford Chance led by Cedric Burford, partner and assisted by Gemma Doyle and Kevin Smith.
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