Freshfields advises Repsol on a 229m deal

Freshfields Bruckhaus Deringer has advised international energy group Repsol on the €229 million repurchase of hybrid bonds.

The Freshfields team was led by counsel Joe Amann, and included senior associate Chelsey Kaka, associate Javier González Egaña and trainee solicitor Chloé Clavell.

The transaction was carried out by way of a fixed price tender offer addressed to holders of its €1,000,000,000 hybrid bonds due 2075. The bonds were issued in 2015 by Repsol’s Dutch financing subsidiary Repsol International Finance and are listed on the regulated market of the Luxembourg Stock Exchange.

The banks acting as dealer managers on the transactions were advised by Allen & Overy (partners Charles Poole-Warren and Salvador N. Ruiz Bachs, and associate Lázaro García Domínguez).

Julia Gil