April 26, 2011

Sodexo, the NYSE Euronext Paris-listed leader in comprehensive services solutions, closes on $600 million private placement of senior unsecured notes.

On April 21, Willkie client Sodexo announced the recent completion of its private placement of an aggregate principal amount of $600 million in senior, unsecured fixed rate notes of three series with institutional investors in the United States. Willkie advised Sodexo on both U.S. and French aspects of the financing, which enables the company to ensure the refinancing of a significant portion of its debt maturing in April 2012. Listed on the NYSE Euronext Paris, Sodexo is a leader in comprehensive services solutions for corporate and other organizations. Sodexo designs, manages and delivers comprehensive service solutions to help organizations improve performance in three key areas: people, processes and infrastructure and equipment. The deal was handled by partner Eduardo Fernandez.