De Gaulle Fleurance advised Tikehau Investment Management on the subscription of Relance Bonds as part of a financing package for the Icape Group

The Icape Group, a global technology distributor of printed circuit boards (“PCBs”), announces the successful arrangement of financing with a pool of 9 European banks, as well as the issue of Relance Bonds.

The financing firstly consists of €41.000.000 in senior financing made available by a pool of several banks and a debt fund and secondly of a €6.078.000 issue of Relance Bonds.

This operation will enable Icape Group to refinance its existing bank debt and finance its investment plan, in particular its external growth strategy.

De Gaulle Fleurance (Jonathan Souffir, partner, and Julie-Anne Thiebaut, senior associate) advised Tikehau Investment Management in its capacity as underwriter of the Relance Bonds in this transaction.

“We had the pleasure of assisting Tikehau Investment Management in one of the latest issues of Relance Bonds,”

explain Jonathan Souffir, partner, and Julie-Anne Thiebaut, senior associate, at De Gaulle Fleurance.

“Launched at the end of 2021 as part of the France Relance plan following the health crisis, Relance Bonds could be issued until December 31, 2023.