Edenred in Negotiation of New €700 Million Credit Facility Agreement

April 25, 2013

Cleary Gottlieb was counsel to Edenred in the negotiation of its new €700 million syndicated revolving credit facility agreement with a 5-year maturity, signed on April 25, 2013.

The facility was arranged by Barclays, BNP Paribas, Société Générale Corporate & Investment Banking, Citigroup Global Markets, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Groupe Crédit Mutuel CIC (acting through Banque Fédérative du Crédit Mutuel & Crédit Industriel et Commercial), HSBC France, and Natixis; the bank syndicate was composed of the mandated lead arrangers and the following seven additional banks: Bayerische Landesbank, Banco Bilbao Vizcaya Argentaria, DNB, ING Belgium, Succursale France, Banco Santander, ITAU BBA International and Intesa Sanpaolo – Succursale de Paris.

This new facility refinances several existing bilateral credit facilities and will be used for general corporate purposes.

Edenred, the world leader in prepaid corporate services, operates in 40 countries, with some 6,000 employees, nearly 610,000 companies and public sector clients, 1.3 million affiliated merchants and 38 million beneficiaries.