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by Legal Desire
3 December 2025

Clifford Chance advises L’Oréal on its new 3 billion euro bond issuance to finance part of the acquisition of Kering Beauté

Advising firms

Deal team

4 lawyers named
LawyerFirmSeniorityPracticeOffice
Cédric Burford Clifford Chance Partner Not stated Not stated
Auriane Bijon Clifford Chance Counsel Not stated Not stated
Batoul Laanani Clifford Chance Senior associate Not stated Not stated
Santiago Ramirez Clifford Chance Associate Not stated Not stated

Stated terms

Stated value
EUR 3bn (3 billion euro)
What the figure measures
Issue size
Client
L'OréalIssuer
Counterparties
L'Oréal (Issuer)
Bank of China (Underwriters)
Barclays (Underwriters)
Citigroup (Underwriters)
Crédit Agricole CIB (Underwriters)
HSBC (Underwriters)
ING (Underwriters)
J.P. Morgan (Underwriters)
Natixis (Underwriters)
Scotiabank (Underwriters)
Société Générale Corporate & Investment Banking (Underwriters)
Standard Chartered Bank AG (Underwriters)