Clifford Chance advises managers on Ahold Delhaize’s €1.1 billion dual-tranche notes issuance

Global law firm Clifford Chance has advised the managers on Ahold Delhaize’s €1.1 billion dual-tranche notes issuance. The transaction comprises a €600 million three-year 3.750% fixed rate note tranche and a €500 million nine-year 4.250% fixed rate note tranche.

BNP PARIBAS, BofA Securities (also Global Coordinator), Deutsche Bank, ING, J.P. Morgan, Rabobank, SMBC, Société Générale and Wells Fargo Securities acted as Joint Lead Managers. The notes settled on 12 November 2026 and are listed on Euronext Dublin. Read more about this transaction here.

The Clifford Chance team was led by counsel Dewi Walian and included partner Jurgen van der Meer, associate Kris Soomers and trainee lawyer Mark van Brest and senior counsel Nolan Groenland, senior associate Robin Houtveen and associate Johan Anton Niesten. 

Press contact: Iva Celic