Shearman & Sterling advised Natixis, BNP Paribas, BECM and Crédit Agricole CIB as lenders and arrangers on a €400 million refinancing for ANF Immobilier, a listed real estate investment company which owns a portfolio of French retail, office, hotel and residential properties in Marseille, Lyon and Bordeaux.

This refinancing included a €340 million term loan, along with a €60 million revolving facility, and was a prerequisite for a medium-term development of ANF Immobilier’s acquisition plan.

Shearman & Sterling advised the pool of banks with a team including counsel Philippe Wolanski and associate Laurent Bonnet.