Global law firm White & Case LLP has provided legal advice to Icade on two significant financial transactions. The company executed a €265 million cash tender offer for four existing bonds and issued a €500 million green bond.
These transactions allow Icade to manage its debt maturity structure effectively and extend the average maturity of its financing. The green bond issue marks the first under Icade’s EMTN program, which was established in December 2024.
Several financial institutions, including BNP Paribas, Crédit Agricole Corporate Investment Bank, La Banque Postale, Natixis, and Société Générale, served as joint bookrunners for this new issuance.
Icade is a comprehensive real estate company specializing in property investment and development across France. It is a listed property investment company (SIIC), with shares traded on Euronext Paris’s regulated market.
The advisory team from White & Case in Paris was led by partners Thomas Le Vert and Boris Kreiss, with support from associates Romain Bruno and Eva Brunelli Brondex.
