Firm Advises Faiveley Transport in Private Placement in the U.S.

April 16, 2012

Faiveley Transport, one of the world’s leading suppliers of high-tech components for rail systems, announces $75 million notes issue.

The firm recently advised Faiveley Transport, one of the world’s leading suppliers of high-tech components for rail systems, in its $75 million notes issue through a private placement in the United States made up of two tranches: a $30 million tranche with a 10-year final maturity, redeemable between 2017 and 2022; and a $45 million tranche of bullet loan with a 10-year maturity. The private placement will allow Faiveley Transport, which is listed on Compartment B of NYSE Euronext Paris, to secure long-term financing for its future development. The deal was handled by partner Eduardo Fernandez and associates Ann Harrington, Michael Armandou, Igor Kukhta and Hugo Nocerino.