Thomas Margenet-Baudry

Thomas' recent experience includes advising:

• The banks in the on Kapla Holding’s liability management exercise and new issue of €650 million senior secured floating rate notes
• Accorinvest on its €750 million inaugural high-yield bond offering and subsequent €650 million bond issue
• The initial purchasers on the issuance by Tereos of €300 million senior notes due 2030
• Novafives on the issurance of €425,000,000 floating senior secured notes due 2029
• Afflelou on a €560 million high-yield offering and €287 million concurrent tender offer
• The banks on Goldstory’s €850 million senior secured notes refinancing
• The arrangers on the French veterinary pharmaceutical group Ceva Santé Animale’s term loan B refinancing of €2.3 billion
• Term loan B lenders steering committee in relation to the signing of the lock-up agreement by the Casino group
• Loxam, France’s market leader and the fourth-largest global player in equipment and tool leasing, in its €400 million refinancing
• Burger King France in its €45 million acquisition financing
• The initial purchasers in Tereos’ €350 million high-yield senior notes offering
• The banks in connection with Faurecia’s €700 million of sustainability-linked senior notes due 2026
• Loxam in connection with a €130 Million loan from the European Investment Bank (EIB)
• The underwriters of Faurecia’s €705 million rights issue
• Farallon Capital as subscriber of GreenYellow’s issue of €109 million convertible bonds with warrants attached; GreenYellow is a leading energy transition company and subsidiary of Casino Group
• Burger King in its sale of Quick
• Elior Group on its €550 million senior notes issuance
• Derichebourg in its inaugural €300 million green notes offering
• The underwriters (Credit Suisse, BNP Paribas, Crédit Agricole CIB, Natixis, Société Générale, Arkea Banque Entreprises et Institutionnels, and CM-CIC) in connection with the €480 million green High Yield bond issued by the Paprec Group
• The underwriters on the Initial Public Offering of American Depositary Shares by Cellectis
• Deutsche Bank, BNP Paribas, Credit Suisse, Crédit Agricole CIB, Natixis, and Société Générale in connection with the €660 million high yield deal to refinance French industrial equipment rental business Loxam's existing debt
• Fives on the refinancing of its existing senior and mezzanine debt through a €580 million high yield bond 
• Elior, a leading global caterer and support services provider, in connection with its IPO on the Euronext Paris
• JP Morgan, Credit Suisse, UniCredit, Crédit Agricole, and BNP Paribas in connection with the refinancing of the existing bank debt of Alain Afflelou Group via a €440 million high yield bond offering due in 2019
• PAI Partners/Global Closure Systems in connection with the refinancing of its existing debt through an issuance of €350 million aggregate principal amount of high yield bonds due 2018
• JP Morgan and the other underwriters in connection with the IPO of Criteo on NASDAQ
• Goldman Sachs and JP Morgan in connection with the €190 million high yield offering by Oberthur Technologies
• Charterhouse Capital Partners / Elior in relation to the €350 million high yield bond offering, to repay existing bank facilities
• BNPP, Goldman Sachs, and JP Morgan on the €450 million high yield offering by Elis
• Credit Suisse, Crédit Agricole CIB, and Natixis on the €385 million high yield bond offering of Medi-Partenaires
• BNPP on the €300 million high yield offering by Cegedim
• Deutsche Bank and Credit Suisse on the €300 million high yield offering by Loxam
• PAI Partners/Cerba on the €365 million high yield offering by Cerba
• The joint bookrunners and initial purchasers, which included, among others, Deutsche Bank, on a €300 million high yield bond offering by leading European equipment rental group Europcar
• Credit Suisse, Deutsche Bank, Citigroup, J.P. Morgan, Morgan Stanley, and UBS, as joint bookrunners and initial purchasers, on the CHF1.1 billion high yield bond offering implemented in connection with the acquisition by Apax Partners of Orange Communications S.A. (Switzerland) from France Telecom
• Eutelsat S.A. in connection with its €800 million standalone bond offering
• Lagardère in connection with the attempted IPO of Canal+ France
• The joint bookrunners and initial purchasers, which included, among others, JP Morgan and Deutsche Bank, on a €350 million high yield bond offering by the Europcar group to refinance in part a senior asset financing loan facility
• Alain Afflelou in connection with its attempted IPO on Euronext Paris
• Citi, HSBC, JP Morgan, as joint bookrunners and initial purchasers, on the standalone inaugural bond offering into the United States by RCI Banque for an aggregate principal amount of US$2 billion
• The joint bookrunners and initial purchasers, Deutsche Bank and Credit Agricole CIB, on a €400 million high yield bond offering by Europcar Group SA to refinance in part its existing indebtedness
• Axa Private Equity and Permira on the high yield bond offering by OdiGeo in connection with the joint acquisition by Axa Private Equity and Permira of Opodo and the related combination of Opodo, Go Voyages, and eDreams Inc
• The joint bookrunners and initial purchasers, which included, among others Société Générale, in connection with Eutelsat S.A.’s inaugural Regulation S standalone bond offering for an aggregate principal amount of €850 million
• The French sovereign fund FSI in connection with its minority investment into Euronext listed company Vilmorin & Co