Weil advised BofA Securities Europe SA and Natixis as joint global coordinators and physical bookrunners, and BNP PARIBAS, Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial SA, Deutsche Bank Aktiengesellschaft, J.P. Morgan SE and Société Générale as joint bookrunners, in connection with Loxam S.A.S.’ (Loxam) offering of €540.0 million 4.250% senior secured notes due 2031.

Loxam is the leading equipment rental company in Europe and the fourth largest equipment rental company in the world, with operations in 29 countries on four continents with a large and well-established presence in Europe, serving the construction, industry, public works, services and events sectors.

The proceeds of the offering of the notes were used to primarily repay indebtedness of the group.

The Weil team was led by High Yield partner Gilles Teerlinck and included associates David St-Onge and Delphine Collinet in London, as well as Finance partner James Clarke and associates Caroline Bloch and Mariane Valdenaire in Paris, with U.S. tax advice from Tax partner Greg Featherman and associate Carlos Parra.