Edenred in €500 Million Bond Offering

December 6, 2018

Cleary Gottlieb represented Edenred in connection with its €500 million offering of bonds bearing interest at 1.875% and maturing on March 06, 2026.

The bonds are listed on the regulated market of Euronext in Paris. The net proceeds from the issue of the bonds will be used in particular for the financing of the acquisition of Corporate Spending Innovations.

The offering, consisting of an international private placement, launched and priced on November 29, 2018, and closed on December 6, 2018.

The offering was led by Barclays Bank PLC, BNP Paribas, Citigroup Global Markets Ltd., Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial S.A., HSBC Bank plc, ING Bank N.V., Belgian Branch, and Société Générale as joint lead managers.

Edenred, the world leader in transactional solutions for companies, employees, and merchants, brings together a unique network of 770,000 companies and public institutions, 1.5 million merchants, and 44 million employees, and operates in 45 countries, with nearly 8,000 employees.