Max Turner | White & Case LLP International Law Firm, Global Law Practice
 Max Turner
 Max Turner

Max Turner

Counsel, Paris

T +33 1 55 04 58 18

E mturner@whitecase.com

Overview

Max Turner is a US-qualified counsel in the Firm's Capital Markets group in Paris.

He advises major global corporations and financial institutions on matters of US law, in particular as it concerns issuances of equity and debt securities, including Rule 144A offerings, private placements in the United States and matters related to SEC regulation, as well as on high yield bonds.

Before joining White & Case in 2014, Max practiced in the New York and Paris offices of a Magic Circle law firm for nine years.

Bars and Courts

  • Paris Bar
  • New York State Bar

Education

  • JD, University of Pennsylvania
  • BA, Haverford College

Languages

  • English
  • French

Experience

IPOs

Maisons du Monde (2016, €440m), Kaufman & Broad (2016, €257m, re-IPO), Mediawan (2016, €250m), Showroomprive (2015, €226m), SPIE (2015, €1bn), Europcar (2015, €1bn), Elis (2015, €750m), Médica (2010, €290m), Euronext (2014, €930m), Bureau Veritas (2007, €1.2 bn).

Rights Offerings / Capital Increases

Elis (2017, €325m), Foncière des Régions (2017, €400m), Air Liquide (2016, €3.3bn), Eurofins (2016, €300m), Vallourec (2016, €480m), CGG (2016, €350m), Parrot (2015, €300m), Capgemini (2015, €500m), Arkema (2014, €350m), Numericable Group (2014, €4.7bn – the largest rights issue in France for the five last years), CGG (2012, €414m), Peugeot (2012, €1bn), Michelin (2010, €1.2bn), Saft Groupe (2009, €120m), AXA (2009, €2bn), Saint Gobain (2009, €1.6bn), Klépierre (2008, €358m), EDF Energies Nouvelles (2008, €500m).

Block Trades

Ecofin/Direct Energie (2016, €42m), Airbus/Dassault (2016, €783m; 2015, €1.6bn), Wendel/Saint-Gobain (2016, €1.2bn), Charterhouse / Elior (2015, €255m), Bolloré / Havas (2015, €601m), JCDecaux SA / JCDecaux Holding (2015, €380m), Groupama / Veolia (2015, €485m), Groupama / Mediobanca (2015, €333m).

144A Debt Offerings ("Yankee Bonds")

Dexia Crédit Local (2017, US$2bn; 2016, US$1.25bn), Danone (2016, US$5.5bn; 2012, US$850m), Air Liquide (2016, US$4.5bn), Société Générale (2014, US$1.5bn Tier 1 and US$1bn Tier 2; 2013, US$1.75bn Tier 1 and US$1bn MTN), BFCM (2014, US$1.5bn; 2013, US$1.75bn), Schneider Electric (2012, US$800m), Delhaize (2012, US$300m), CM-CIC Home Loan SFH (2012, US$1bn).

High Yield Bonds

MCS Groupe (2016, €200m), Fnac (2016, €650m), Europcar (2016, €125m; 2015, €475m), Elis (2015, €800m), CGG (2014, US$500m and €400m), Médi-Partenaires (2014, €110m; 2013, €385m), Loxam (2013, €300m), Portucel (2013, €350m), Abengoa (2013, €250m), Aperam (2011, US$500m), Befesa Zinc (2011, €300m), Tereos (2007, €500m).

Liability Management (tender/exchange offers)

Airgas (2016, US$1.6bn), Wendel (2016, €635m), Nexity (2016, €270m), CGG (2015, €360m), Delhaize (2010, US$930m), Société Générale (2012, US$480m; 2011, US$165m), Crédit Agricole (2012, US$1.5bn).