Linklaters advises Tereos on its €300m high yield offering

Linklaters has advised Tereos on its high yield offering of €300m 5.875% senior notes due 2030.

Tereos is a leading global agro-industrial cooperative specialising in the sourcing and processing of agricultural raw materials. The company is present in more than 100 countries worldwide and operates through a network of 41 operating facilities in 10 countries with over 15,000 employees.

The proceeds of the offering will be used to refinance existing indebtedness.

The cross-jurisdictional Linklaters team was led by high yield partner Giacomo Reali, together with U.S. associates Kimberly Martin and Filippo Turci, alongside banking partners Kathryn Merryfield and Carole Nerguararian, counsel Lauren Hanley and associate Julidé Adak.

The team was also supported by the firm’s Paris corporate and capital markets teams (partners Véronique Delaittre and Pierre Tourres, counsel Vera Maramzine and associate Laurine Pryjda), Paris tax team (partner Cyril Boussion, managing associate Alexandra Mourlon and associate Wassim Mokadem) and New York tax team (partner Gabriel Grossman and US associate Erika Jensen).