Compagnie de Saint-Gobain in £300 Million Tender Offer

May 13, 2022

Cleary Gottlieb acted as transaction counsel in Compagnie de Saint-Gobain’s tender offer for up to £300 million aggregate principal amount of its outstanding 5.625% notes due November 2024.

The offers launched on May 6, 2022, and expired on May 13, 2022. An aggregate principal amount of £183.6 million was accepted for purchase.

NatWest Markets N.V. acted as the dealer manager for the offer and Kroll Issuer Services Limited acted as the tender and information agent.

Compagnie de Saint-Gobain is leading player in the design, manufacturing, and distribution of materials and services for the construction and industrial markets, and specializes in light and sustainable construction.