Press Release

Kirkland Advises on Picard Notes Offerings

Kirkland & Ellis International LLP advised Credit Suisse Securities Europe Ltd., J.P. Morgan Securities plc, BNP Paribas and HSBC in connection with the offering by leading French frozen food company Picard Groupe S.A.S. of €1.19 billion floating rate senior secured notes due 2023 and the offering by Picard Bondco S.A. of €310 million 5.5% senior notes due 2024.

The transaction, which closed on December 14, 2017, was led by London capital markets partners Cedric Van den Borren, Gilles Teerlinck and James Simpson.