White & Case Advises Lenders and Bondholders on Strategic Agreement Between Bouygues Telecom and Vauban Infrastructure Partners

Global law firm White & Case LLP has advised the lenders and bondholders on a joint venture strategic agreement between Bouygues Telecom and Vauban Infrastructure Partners for the operation of FTTH (Fiber To The Home) lines in medium-density areas, deployed and privately-funded by Orange.

The purpose of the joint venture, in which Vauban Infrastructure Partners will be the majority shareholder, will be to acquire long-term access rights from Orange to contribute to the co-financing of optical fibre alongside the main French operators.

Crédit Agricole Corporate and Investment Bank (CACIB) acted as Global Coordinator and Arranger on both bank and bond financing.

The White & Case team in Paris which advised on the transaction was led by partner Amaury de Feydeau and included partners Grégoire Karila, Jean-Luc Champy and Alexandre Ippolito, with support from counsel Estelle Jegou and associates Paul Loisel, Ahmed Boulahcen, Michel Courtois, Mathieu Damnon, Charles Linel, Alice Chavaillard, Quirec de Kersauson and Sarah Kouchad.

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