Clifford Chance advises banks on VIA Outlets' €600 million notes cash offer and €500 million green notes issuance on Euronext Dublin

Global law firm Clifford Chance has advised BNP PARIBAS, ING and SMBC on VIA Outlets' €600 million notes cash tender offer for outstanding notes due 15 November 2028.

VIA Outlets is an owner-operator of premium fashion outlets in nine European countries, bringing together a mix of international and local premium brands. Read more about the transaction here.

Clifford Chance also advised the same banks on the issuance of €500 million green notes due 29 October 2032, with a listing on the Global Exchange Market of Euronext Dublin. The notes will be issued in accordance with VIA Outlet's Green Finance Framework, based on the ICMA Green Bond Principles 2025 and LMA/APLMA/LSTA Green Loan Principles 2025. The net proceeds of the notes will be applied for general corporate purposes (including payment of the consideration for the tender offer). Read more about the transaction here.

Dewi Walian: "The high demand from investors for VIA Outlets’ green notes underlines their robust performance track record. The issuance attracted strong demand from institutional investors resulting in a €1.8+ billion orderbook and an oversubscription of 3.6x. We are very pleased that our team played a key role in this successful transaction."

These transactions build on Clifford Chance's Debt Capital Markets practice and expertise in complex cross-border deals and sustainable finance. The Clifford Chance team was led by Dewi Walian and comprised Jurgen van der Meer, Kris Soomers and Yassin van Meel (Global Financial Markets), and Robin Houtveen, Johan Anton Niesten and Nolan Groenland (Tax).