Cornet Vincent Ségurel acted as counsel to Groupe Legendre on its first private placement.

The placement, in the form of a €27 million Euro Private Placement (Euro PP), is part of the development strategy pursued by Groupe Legendre, a family-owned group with a significant presence in the construction and civil engineering industry in western France and the Paris region.

The placement will enable Groupe Legendre to pursue its growth, for the most part in its real estate development business and in international activities.

The loan, arranged by Arkéa Banque Entreprises et Institutionnels, was granted by Arkéa Banque Entreprises et Institutionnels, Banque Palatine and Bank of China.

The arranger and the investors were advised by CMS Bureau Francis Lefebvre (Benjamin Guilleminot, attorney counsel, and Benoît Fournier, attorney).

The Cornet Vincent Ségurel team advising Groupe Legendre consisted of André Watbot, associate attorney, and Charles-Henri Prioul, attorney.