3 June 2025
Linklaters advises the underwriters on L’Oréal’s inaugural US$1 billion Yankee bond issue
Linklaters has advised the underwriters on L’Oréal’s inaugural Yankee bond issuance in reliance on Rule 144A and Regulation S.
The bond was issued in a single series of US$1 billion and is due May 2035 with a coupon of 5.00%.
L’Oréal will use the net proceeds for general corporate purposes.
The Linklaters team was led by Paris-based Capital Markets partners Luis Roth and Véronique Delaittre, and included Elise Alperte, managing associate, as well as Victor Duterne, associate.
Linklaters regularly advises on Rule 144A offerings of debt and equity by leading European banks and corporates.
The bond was issued in a single series of US$1 billion and is due May 2035 with a coupon of 5.00%.
L’Oréal will use the net proceeds for general corporate purposes.
The Linklaters team was led by Paris-based Capital Markets partners Luis Roth and Véronique Delaittre, and included Elise Alperte, managing associate, as well as Victor Duterne, associate.
Linklaters regularly advises on Rule 144A offerings of debt and equity by leading European banks and corporates.