Calyon acted as the mandated lead arranger alongside Natixis, joint bookrunner alongside BNP Paribas, HSBC and Société Générale CIB facility agent for the refinancing of Sperian Protection’s debt which was set to expire on June 30, 2010.

The transaction consists of a EUR 200 million facility to which must be added existing confirmed credit lines. As a result, the company disposes of a total financing capacity of more than EUR 300 million. The credit is for a term of three years repayable at the end of the period.

This successful transaction notably strengthens Sperian’s medium-term liquidity.

Calyon’s long-term close relationship with the group is confirmed by the important role the Bank played for the refinancing.

Sperian Protection is the leader in personal protective equipment (hearing, eyes and face, respiratory, fall prevention, gloves, clothing and shoes) and has a strong international orientation.