Linklaters advises on Callebaut on refinancing

Linklaters has advised Barry Callebaut on the issuance of a corporate bond of 450m. The proceeds received from the issuance of the corporate bond will be used to refinance existing liabilities.

The Barry Callebaut Group with its registered office in Zurich (Switzerland) is the world’s leading manufacturer of high-quality cocoa and chocolate products. The company does business on all levels of the value chain of cocoa processing. Barry Callebaut operates more than 50 production facilities globally and generates an annual sales volume of approximately 5.6bn.

A Linklaters team led by Dr Marco Carbonare and William Cresswell (both Capital Markets, Frankfurt) advised on the refinancing. The team also included Michal Hlásek (Banking, Frankfurt), Ben Dulieu (Capital Markets, London), David Ballegeer (Banking, Brussels), Cyril Abtan (Banking, Paris), Cyril Boussion (Tax, Paris), Maxime Le Bivic (Banking, Paris), Charles Eypper, David Santoro, Ariel Berkower (all Capital Markets, Frankfurt), Francis Wijnakker, Pietjan Gythiel (both Banking, Brussels), Kevin Boyero (Banking, Paris), Evita Bassot (Corporate, Brussels) and Wouter Verhoeye (Tax, Brussels).