CMA CGM Issues High-Yield Offering

October 24, 2017

Cleary Gottlieb represented CMA CGM S.A. in connection with an offering of €500 million 5.250 percent senior notes due 2025.

The offering was being made outside of the U.S. and to QIBs in the U.S. in accordance with Regulation S and Rule 144A. The offering priced on October 17, 2017, and closed on October 24, 2017. The notes were listed on the Official List of the Luxembourg Stock Exchange and will trade on the Euro MTF market.

BNP Paribas and HSBC Bank plc served as joint global coordinators and bookrunners for the offering. Crédit Agricole Corporate and Investment Bank, ING Bank N.V., London Branch, Société Générale and UniCredit Bank AG served as joint bookrunners for the offering.

CMA CGM S.A. is a leading worldwide shipping group.