Crédit Agricole CIB was mandated lead arranger and bookrunner for a five-year EUR 550 million syndicated credit line for Converteam. This transaction is due to refinance the French group’s current LBOA leveraged buy-out is the acquisition of all a company's shares financed largely by the borrowed funds. debt. The other banks with the same roles were HSBC, Natixis and Société Générale CIB.

This transaction was made possible by Converteam’s favourable risk profile and recurrent earnings. 

Thanks to this mandate, Crédit Agricole CIB strengthens its relationships with Converteam by becoming one of its core banks.

Converteam is a global leader providing solutions in power conversion engineering.