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    Ashurst advises SNF Group on the issuance of a €550 million senior unsecured note

    02 April 2025

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    Ashurst has advised SNF Group, a global leader in the manufacturing of water-soluble polymers for water treatment, on the issuance of a €550 million senior unsecured note, maturing in 2032. This transaction aims to refinance the existing senior unsecured note due in February 2026, repay the drawn revolving credit facility (RCF), and bolster the company's cash reserves.

    SNF is the largest producer by volume and revenue of polyacrylamides, a product used in wastewater treatment, oil and gas extraction, agriculture, and other industries. This transaction strengthens SNF Group's financial position by optimizing its capital structure and improving liquidity. With a global presence, SNF Group is committed to providing high-quality products while adhering to the strictest environmental standards.

    The Ashurst team was led from Paris by Noam Ankri (partner), assisted by Astrid Hubert Benoist (senior associate) and Victoire Gabai (associate) in corporate, and Emmanuelle Pontnau-Faure (partner) and Solène Guyon (senior associate) in tax law.

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