Linklaters has advised the banking syndicate on the new bonds issuance by TDF Infrastructure SAS of a principal amount of €500 million, with a 7-year maturity and an annual interest rate of 4.125 per cent and on the tender offer by TDF Infrastructure SAS to repurchase for cash its outstanding bonds due April 2026.

The bonds issued are admitted to trading on the regulated market of Euronext Paris. The net proceeds of the new bonds issuance has been used by TDF Infrastructure SAS for its general corporate purposes including the refinancing (in part or in full) of its syndicated €300 Million acquisition and capex facility and, to finance its concurrent tender offer on its bonds maturing in April 2026.

On the settlement date of the tender offer which took place on 24 October 2024, TDF Infrastructure SAS has repurchased for cash €199,900,000 in principal amount of its outstanding bonds due April 2026.

The Linklaters team advising the banks was composed of Véronique Delaittre, partner, Elise Alperte, managing associate as well as Sandra Rassiat, associate.