Milbank Advises Initial Purchasers in Connection with CMA CGM Senior Notes Offering

Milbank LLP has advised the initial purchasers in connection with CMA CGM S.A.’s (“CMA”) offering of €525 million 7½% Senior Notes (the “Notes”). The proceeds of the bond offering were used by CMA to fully redeem CMA’s outstanding 2021 Senior Notes.

CMA is a French-based, leading transport and logistics group offering shipping and logistics services worldwide. CMA offers services in over 160 countries through a global network of 755 offices, 750 warehouses and over 200 main lines calling at 420 ports.

The Milbank team was led by Capital Markets and Leveraged Finance partner Apostolos Gkoutzinis and special counsel Trevor Truman, with associates Lauren Obee, Jessica Savoie and Chara Makrygianni. The team also included New York Tax partner Eschi Rahimi-Laridjani with associates David Hanno and Benjamin Heller.