Roberto L. Reyes Gaskin

Paris
  • 45, rue Saint-Dominique
  • Paris 75007
  • France
 
 

Roberto L. Reyes Gaskin is an associate in the Paris office. From November 2010 to January 2014, he practiced in the Milan office. He focuses on corporate finance and leveraged buyout transactions in France, Italy, and Spain.

His capital markets practice focuses on:

  • High yield and other debt capital markets transactions
  • Liability management
  • Direct lending
  • Initial public offerings, rights issues, and block trades
  • Mergers and acquisitions with a capital markets element
  • Compliance with US and EU securities laws

Throughout his career he has acted for issuers, underwriters, sponsors, family offices, and alternative capital providers and he has developed particular experience in the retail and consumer products, media and entertainment, oil and gas, and infrastructure industries.

His financial institutions / financial regulatory practice focuses on regulatory capital and equity and debt issuances for banks, particularly those in the European Union. He has advised banks in connection with a variety of standalone capital raisings, program establishments and updates, and ongoing reporting.

Mr. Reyes Gaskin’s representative transactions include advising:

Debt Capital Markets
  • Credit Suisse, Banca IMI, Barclays, and UniCredit as mandated lead arrangers and joint global coordinators in connection with the €450 million bridge facility granted to Space4 to refinance existing indebtedness following the acquisition of Guala Closures, a manufacturer of precision closures for the wine and spirits industry and its offering (Rule 144A/Reg. S) of €455 million aggregate principal amount of Senior Secured Floating Rate Notes due 2024 to refinance the bridge facility
  • UniCredit as physical bookrunner in connection with offerings (Rule 144A/Reg. S) of €450 million aggregate principal amount of Senior Secured Floating Rate Notes due 2023 by Gamenet Group, a Milan-listed gaming company to refinance existing indebtedness and commitment papers to support Gamenet’s acquisition of GoldBet to form a leading retail and online gaming group
  • J.P. Morgan as consent solicitation agent in connection with the change of control waiver and amendments in respect of Adler Pelzer Holding’s €350 million aggregate principal amount of 4.125% Senior Secured Notes due 2024 to facilitate a minority investment by FSI SGR
  • J.P. Morgan and certain other initial purchasers in connection with the refinancing of the ALAIN AFFLELOU optical franchisor group consisting of a high yield offering (Rule 144A/Reg. S) of €75 million 7.875% Senior Notes due 2019 and €365 million 5.625% Senior Secured Notes due 2019
  • Twin-Set Simona Barbieri, the Italian affordable luxury apparel manufacturer and retailer majority owned by funds advised by the Carlyle Group, in connection with a high yield offering (Rule 144A/Reg. S) of €120 million Floating Rate Senior Secured Notes due 2019
  • Marcolin, a designer, manufacturer, and distributor of luxury and diffusion eyewear, in connection with a high yield offering (Rule 144A/Reg. S) of €200 million 8.50% Senior Secured Notes due 2019 to finance the acquisition of Viva International, a leading US diffusion eyewear company
  • SNAI, a listed Italian gaming operator, in connection with a high yield offering (Rule 144A/Reg. S) of €320 million 7.625% Senior Secured Notes due 2018 and €160 million 12.000% Senior Subordinated Notes due 2018
  • Manutencoop Facility Management, a leading Italian group in its sector, in connection with a high yield offering (Rule 144A/Reg. S) of €425 million 8.5% Senior Secured Notes due 2020
  • IVS Group, a leading vending machine operator in Italy, France, and Spain and listed on the Italian Stock Exchange, in connection with a high yield offering (Rule 144A/Reg. S) by its subsidiary IVS F. of €200 million 7.125% Senior Secured Notes due 2020 and subsequent tap of €50 million Additional Notes
  • Credit Suisse and Deutsche Bank as representatives of the initial purchasers in connection with the high yield offering (Rule 144A/Reg. S) of €250 million Senior Secured Floating Rate Notes due 2019, €300 million 6.375% Senior Secured Notes due 2020, and €230 million 8.875% Senior Subordinated Notes due 2021 by Cerved Technologies, a CVC portfolio company to purchase credit information provider Cerved Group from Bain Capital and Clessidra, the first leveraged buyout in Italy financed primarily through the debt capital markets
  • Credit Suisse, Banca IMI, Natixis, and UniCredit as initial purchasers in connection with high yield offerings (Rule 144A/Reg. S) for the Guala Closures Group, a manufacturer of precision closures for the wine and spirits industry, of €200 million 9.375% Senior Notes due 2018 by GCL Holdings and €275 million Floating Rate Senior Secured Notes due 2019 by Guala Closures, the first direct bond issuance by an unlisted Italian company since the August 2012 Decreto Sviluppo
  • BNP Paribas, J.P. Morgan, and UniCredit as initial purchasers in connection with a series of high yield offerings (Rule 144A/Reg. S) of €300 million 9.875% Senior Notes due 2019, €325 million 9.125% Senior Notes due 2020, and US$300 million 8.875% Notes due 2020 by Agrokor, a Central and Eastern European food producer and retailer
  • J.P. Morgan and BNP Paribas as initial purchasers in connection with a series of high yield offerings (Rule 144A/Reg. S) of €104 million 11.625% Senior Notes due 2016 by Central European Media Enterprise (CME), a Nasdaq and Prague-listed Central European television broadcast and media company, and €70 million 9.0% Senior Secured Notes due 2017 by CET 21, a subsidiary of CME
  • Deutsche Bank, Credit Suisse, and Morgan Stanley as dealer managers and joint bookrunners in connection with the concurrent €344 million exchange offer (Section 3(a)(9)/Reg. S) and €245 million cash offering (Rule 144A/Reg. S) of 8% Senior Secured Notes due 2019 and Floating Rate Senior Secured Notes due 2018 by Lecta, a Southern European paper manufacturer and portfolio company of CVC

Equity Capital Markets
  • Shandong Ruyi Technology Group in connection with the €105 million placement of shares representing 6.3% of the share capital of SMCP via an accelerated book build and two offerings and related buyback (Reg. S) of guaranteed senior secured bonds in aggregate amount of €310 million exchangeable into shares of SMCP
  • Elior, the leading global caterer and support services provider, in connection with its initial public offering (Rule 144A/Reg. S) of ordinary shares on the Euronext Paris (Compartment A) for a total amount of €954 million consisting of sales by Elior and certain selling shareholders, including funds advised by Charterhouse and Chequers Capital
  • Salvatore Ferragamo, the Italian fashion house, in connection with its €378 million initial public offering (Rule 144A/Reg. S) of shares listed on the Italian Stock Exchange    
  • J.P. Morgan as sole manager in connection with the US$115 million public offering (SEC-registered) of common shares by Clovis Oncology to partially finance the acquisition of EOS, an Italian biopharmaceutical company
Mergers and Acquisitions
  • Groupe Bertrand, a leading restaurant group in France in multiple categories, in connection with the sale of a minority interest in the holding company of Burger King France to funds managed by Bridgepoint
  • Advent International, the private equity house, in connection with US securities law aspects related to its €1.9 billion voluntary public tender offer for Douglas Holding, a Frankfurt-listed perfumes and jewelry retailer
  • Coesia, an Italian industrial group, in connection with its acquisition of FlexLinks, a Swedish logistics and conveyor manufacturer for the fast moving consumer goods industry, from its management and ACC Capital Partners
  • Moncler, the luxury winter wear label then held by funds advised by the Carlyle Group, in connection with a dual track process leading to a sale of 45% of its share capital to Eurozeo for €418 million    
Financial Institutions / Financial Regulatory
  • Abu Dhabi Islamic Bank in connection with financial regulatory aspects of its offering (Reg. S) of US$1 billion Additional Tier 1 Capital Certificates, the first perpetual additional tier 1 instrument qualified as an Islamic sukuk
  • Intesa Sanpaolo, Italy’s second largest banking group, in connection with (i) its €5 billion rights offering (Rule 144A/Reg. S) of shares and warrants listed on the Italian Stock Exchange and (ii) drawdowns of US$2 billion floating rate notes due 2014 and US$1 billion 6.500% notes due 2021 under its Global Medium Term Notes program (Rule 144A)
  • NordLB in connection with its offering (Rule 144A) of US$1 billion 0.875% public sector Pfandbriefe (covered bonds) due 2015    
 
 
 
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