Weil has advised Paprec Holding on a Rule 144A/Regulation S offering of €300 million senior secured notes due 2027 and €300 million senior secured notes due 2029.

The proceeds from the sale of the notes will be used to redeem Paprec’s senior secured fixed rate notes due 2025, with the remainder to be used for general corporate purposes.

The Weil team was led by High Yield Partner Gilles Teerlinck and included associates Pierre Brule and David St-Onge in London, as well as Finance Partner James Clarke and associate Caroline Bloch in Paris.