Veolia Environnement signs local currency loan

Published: May 9, 2011

Environmental services group borrows in zloty, koruna and forint.

French environmental services group Veolia Environnement has agreed a €500mn syndicated loan denominated in emerging European currencies.

The three-year loan, syndicated to 23 banks, is in Polish zloty, Czech koruna and Hungarian forint.

BNP Paribas, HSBC France and Société Générale Corporate & Investment Banking arranged and coordinated the funding. Law firm Gide Loyrette Nouel advised Veolia Environnement.  Allen & Overy advised the banks.