October 28, 2010
On October 25, Willkie client Arkema, France’s leading chemicals producer, launched a €500 million issue of 4% bonds due October 2017. The transaction is consistent with Arkema’s long-term financing policy by allowing it to diversify its sources of funding and extend the maturity of its debt. With operations in more than 40 countries, 14,000 employees and seven research centers, Arkema has a portfolio of internationally recognized brands and generates annual revenue of €5.5 billion. The deal was handled by partner Laurent Faugérolas and associates Xavier Doumen and Alexandre Riou.