Marne (51) – Lebronze alloys finalised at the end of june a financing facility using a €20 millon euro private bond issue, arranged by Tikehau. This Euro PP is concurrent with the exisiting and new credit lines, co-arranged by the Société Générale CIB (Coordinator) and Banque Palatine, for a total amount of 69 million euros.
These facilities, bring together both our private partners Tikehau and ZenCap, and the historical banking partners of the Group. This new financing has been adapted to Lebronze alloys requirements, supporting its future growth and to enable the realisation of the Business Plan.
Michel Dumont, President of Lebronze alloys, indicates “this mid-term financing, with the amounts and maturities that are in line with our ambitions to enable the consolidation and the accelaration of our development, in order to provide to our customers a sustainable source of high performance products, along with a unique capacity for innovation and project management. We appreciate the active support of our financials partners”.
Nathalie Bleunven, Private Debt - Corporate Lending at Tikehau Investment Management, underlines the will of the bondholders to support the growth of the Group. “it’s the first bond issue of second round for a french industrial company, that proves the EuroPP flexibility.
Marc Alix, Managing Director at Societe Generale Corporate and Investment Banking – SGCIB: “Société Générale, as an historical partner of both Lebronze alloys and working with the business owner, wished to arrange this innovative facility, which coordinates the implementation of different financial instruments to provide to the Lebronze alloys Group the bests tools to execute its Business Plan.
Aude El Gemayel, Banque Palatine: « In accordance with our vocation of banking services for ETI (medium-sized companies), we appreciate the opportunity to participate in this operation which enables Lebronze alloys to evolve to a worldwide leader in its business.
Private Funds : Tikehau Capital (Nathalie Bleunven) and Zencap Asset Management (Hervé Goigoux-Becker and François Caulry)
Banks : Société Générale CIB, Co-Arranger and Coordinator, (Marc Alix, Olivier Amicel and Laurent Imbert) ; Banque Palatine, Co-Arranger, (Laurent Gillet and Aude El Gemayel) ; BNP Paribas, Participants, (Amaury Duboscq), LCL, Participants, (Léonard Meier), and Crédit-Agricole, Participants, (Olivier Schill).
Lawyers : Coblence & Associés (Jean-Marc Coblence) forLebronze alloys, DE PARDIEU BROCAS MAFFEI (Stéphanie Segal, Christophe Gaillard and Thibaut Lechoux) for the banks and the private funds.
About Lebronze alloys:
Lebronze alloys group specializes in the design and production of high performance alloys and components, with a turnover of €240m and 1300 employees of which approx 800 of which are in France. The Group was born from the integration of different companies acquired since 2006 : Le Bronze Industriel, Bronze Inox, Inoforges (France, Poland, China), Forges de Custines et Trie-Château, Lebronze alloys Germany, Hundt & Weber (D), Alsafil, CLAL (France, Far-East), NFS (GB), renamed « Lebronze alloys » whilst retaining their brands. See: www.lebronze-alloys.com
About Banque Palatine:
Banque Palatine is the BPCE Group’s business banking and wealth management specialist, supporting entrepreneurs in both their professional and personal lives since 1780. It offers its expertise to SMEs and mid-sized companies. Its network of 50 branches in France, working in synergy with expert business lines in areas such as private asset management, corporate finance, real estate, international trade and dealing rooms, now supports more than 11,600 business clients and 70,000 private clients. www.palatine.fr
About Société Générale Corporate & Investment Banking:
At the core of Societe Generale’s universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with around 12 000 professionals and a commercial offer in 37 countries, with extensive European coverage and representative offices in Central and Eastern Europe, the Middle East, Africa, the Americas and the Asia-Pacific region.
Supporting its clients across various sectors, the Corporate & Investment Bank offers bespoke financial solutions combining innovation, advisory services and high execution quality in four areas of expertise: investment banking, financing, market activities and investor services.
For more information, you can follow us on twitter @sg_cib or visit our website www.cib.societegenerale.com
About Tikehau Capital :
Tikehau Capital is an asset management and investment group which manages €10.3bn of assets. The Group invests in various asset classes (private debt, real-estate, private equity and liquid strategies), including through its asset management subsidiary Tikehau IM, on behalf of institutional and private investors. Controlled by its managers, alongside leading institutional partners, Tikehau Capital employs 170 staff in its Paris, London, Brussels, Madrid, Milan, Seoul and Singapore offices.
Tikehau Capital is listed on the regulated market of Euronext in Paris, Compartment A (ISIN code: FR0013230612; Ticker: TKO.FP) www.tikehaucapital.com