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A&O Shearman acted on EUR400 million high-yield bond by Rexel

A&O Shearman acted on EUR400 million high-yield bond by Rexel
A&O Shearman advised the initial purchasers on a EUR400m high-yield bond offering by Rexel, one of the leading global distributors of low and ultra-low voltage electrical products. The bond pays a coupon rate of 4.000% and was issued on September 9, 2025 by Rexel S.A., the parent company of the Rexel Group.

The bond was issued in accordance with Regulation S under the U.S. Securities Act, is listed on the official list of Luxembourg Stock Exchange and has been admitted to trading on Euro MTF market.

The team advising on the New York law aspects of the transaction was led by partner Trevor Ingram, supported by senior associate Evangelia Andronikou and associates Silvia Montanya and Georges Haddad.

Trevor Ingram, high yield partner at A&O Shearman said: “We are pleased to have supported the initial purchasers on Rexel’s successful EUR400m high‑yield issuance. The strength of investor demand reflects confidence in Rexel’s strategy and market position, and this transaction underscores our team’s ability to deliver seamless, cross‑border execution on complex capital markets matters.”

The multi-jurisdictional team advising on the transaction also comprised partners Olivier Thebault, Mathieu Vignon, and Hector Arroyo, supported by counsel Antoine Santoni, senior associate Virginie Chatte, and associates Bénédicte Cheyrou-Lagrèze, Hicham Kaddaha, and Thibault-Amaury Deleersnyder in France.

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