Global law firm White & Case LLP has provided legal counsel to L’Oréal on its first US dollar bond issuance, amounting to US$1 billion. The bond, set to mature in May 2035, carries a coupon rate of 5.000%. L’Oréal intends to utilize the net proceeds from this issuance for general corporate purposes.
The transaction was handled by a team at White & Case in Paris, led by partners Max Turner and Séverin Robillard, with associate Romain Bruno also contributing. Within L’Oréal, Arnaud de Rochebrune, General Counsel M&A, Licensing and Financing, along with Mélina Krouri, Associate General Counsel Banking & Finance, provided internal advice.
