Clifford Chance
Clifford Chance advises Technip Energies in the financing of its spin-off transaction
24 February 2021
- , , Quentin Hervé
- Paris
Clifford Chance advises Technip Energies in the financing of its spin-off transaction
On February 16, 2021, TechnipFMC plc completed its separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player. Following the spin-off on that date, Technip Energies became an independent public company and its shares commenced trading on Euronext Paris at market open at 9:00 a.m. CET.
Clifford Chance advised Technip Energies in the signing of sustainability-linked €1.4 billion bank facilities to cover Technip Energies' financing needs with a team consisting of Thierry Arachtingi, partner, Mary Serhal, counsel, and Quentin Hervé, associate.
