Raphaël Richard

Partner, Paris

Biography

“Top-notch legal advice… [with] effective client care by use of a punchy, efficient style. ”
Chambers Europe

Overview

Head of the Debt Finance Practice in Paris, Raphaël offers the benefit of his considerable experience in leveraged acquisition finance, structured finance, corporate finance and syndicated lending.

Clients also value his extensive, hands-on knowledge of financial restructurings, successfully guiding creditors and debtors through complex debt restructuring matters.

A regular team leader, Raphaël is adept at coordinating advice across the Firm's offices to execute challenging domestic and cross-border transactions. Chambers 2019 notes that "one impressed client suggests that he is someone to turn when 'you have to deal with complex transactions or need innovative solutions' and highlight his 'thoughtful advice and huge experience'"

Recognized by top legal directories as a leading practitioner, his track record has attracted a client portfolio which includes banking and financial institution giants, such as BNP Paribas, Crédit Agricole CIB, Natixis, Société Générale, Commerzbank, Deutsche Bank and HSBC.

Raphaël has also represented major corporate borrowers and investment funds, including Apax, Carlyle, Eurazeo and Wendel Investissement, in an array of financing transactions.

Bars and Courts
Paris
Education
DESS
Business Law (Droit des Affaires)
University of Paris XII
Diploma, Economic and Financial Section
Institut d'Études Politiques de Paris
Master in Business Law
University of Lyon III
Languages
English
French

Experience

Refinancing of Atalian, 2024
Representation of independent European leader in outsourced business services Atalian on the conclusion of a commercial agreement for the refinancing and rescheduling of its entire bond debt with a group of noteholders representing 98.46 percent of the existing notes.

Sustainability linked revolving credit facility for Vestiaire Collective, 2023
Representation of the banking syndicate on a €75 million sustainability-linked revolving credit facility for Vestiaire Collective, the leading global app for desirable pre-loved fashion. The facility is the first sustainability-linked financing set up on the French unicorn market.

ICG's financing of Konecta and Comdata combination, 2022
Representation of the arrangers on ICG's financing of the combination of Konecta and Comdata. The financing consisted of a €975 million credit facility, comprised of a Term Loan B facility, a Term Loan A facility and a Revolving Credit Facility.

Refinancing of OVHcloud, 2021
Representation of the banking syndicate in connection with the refinancing of OVHcloud concomitant with its initial public offering.

Refinancing of Aramis Group, 2021
Representation of Aramis Group, a leading European B2C platform to acquire a used car online (Aramisauto, Cardoen, Clicars and CarSupermarket) in connection with its refinancing concomitant with its initial public offering.

Acquisition of IMV Technologies, 2021
Representation of the arrangers in relation to the making available of term and revolving facilities for the acquisition of the IMV Technologies group by Montagu and the refinancing of the group.

Acquisition Financing of Aviva France, 2021
Reprensentation of Aéma Groupe, a leading French mutual insurer formed through the combination of Macif Group and Aésio Mutuelle, on the financing aspects of the €3.2 billion acquisition of Aviva France from Aviva group.

Renault Group's French State-Guaranteed €5 Billion Term Loan, 2020
Advised lending banks on the €5 billion Term Loan facility guaranteed by the French state granted to the Renault group. Granted during the COVID-19 crisis, the loan is intended to provide the Renault group with sufficient liquidity to face the economic consequences of the pandemic. It is the largest of its type in France to date.

Rubis Terminal €410 Million Bank Financing and High Yield Bond Refinancing, 2020
Advised Rubis Terminal on its €410 million bridge loan and subsequent refinancing via a €410 million single tranche issue of senior notes – the first issuance by a first-time issuer in Europe since the start of the coronavirus crisis. The transaction also included a €75 million revolving credit facility. The transaction is part of the acquisition by I-Squared Capital Advisors of a 45 percent stake in Rubis Terminal, with Rubis SCA continuing to hold the remaining 55 percent. The transaction also made it possible to refinance certain existing indebtedness of the group.

Acquisition financing of Gerflor, 2020
Advised Cobepa in connection with the acquisition financing of specialist and a world leader in resilient flooring solutions Gerflor, sold by ICG.

Tiffany & Co. Acquisition by LVMH, 2019
Advised LVMH on the financing of its acquisition of Tiffany & Co., the global luxury jeweler. The financing includes several credit lines, for a total value of approximatively €15 billion.

Awards and Recognition

Leading Lawyer (Band 1), Banking & Finance, France
Chambers Europe 2024, Chambers Global 2024

Hall of Fame, Banking & Finance, France
The Legal 500 EMEA 2024

"Raphaël Richard is experienced in large transactions, knows everything by heart and is very technical."
Client testimony
Chambers Global 2024

"Raphaël Richard leads White & Case's banking and finance practice. He maintains a strong reputation thanks to his expertise advising both lenders and borrowers on high-value credit facilities and refinancings."
Chambers Global 2023