Fernand Arsanios

Deal Track Record

Leveraged Finance / Acquisition Finance

• Represented PGIM as subscriber to a unitranche facility in connection with the acquisition of Fime and UL Solutions by Gallant Capital.
• Represented Fremman Capital in connection with three financings totaling €370 million, provided by debt funds managed by Pemberton to finance the acquisitions of Amethyst Radiotherapy and Stingray Healthcare.
• Represented a French private equity firm, as arranger, and other funds as subscribers on the structuring and implementation of additional junior bonds with share subscription warrants issued by a leading industrial engineering and services group in connection with the acquisition of three target companies.
• Represented Andera Partners in connection with a unitranche facility for the acquisition of Groupe ADF.
• Represented Andera Partners in connection with a unitranche facility for the acquisition of CDS Groupe.
• Represented White Peaks Capital as subscriber to a unitranche facility issued by Homeland.
• Represented White Peaks Capital as PIK lender on the PIK bonds facility issued by PLG Capital owned by 21 Invest.
• Represented White Peaks Capital as subscriber, on the structuring and implementation of a senior bonds financing made available to the Acont Group.
• Represented Almerys, through its investment vehicle Heka Invest, on a unitranche facility obtained from Barings, with Heka Invest as issuer.
• Represented Centre Azuréen de Cancérologie as borrower on a syndicated loan financing and as issuer in a unitranche facility obtained from Andera Partners.
• Represented L Catterton on the acquisition financing for A.P.C., involving a syndicated acquisition loan provided by leading French lenders and Tikehau Capital.
• Represented Spring Holding as borrower on the €225 million syndicated loan financing granted by BNP Paribas and others to finance the take private acquisition of Manutan.
• Represented Ardian in the context of entering into a share and purchase agreement with private equity house Bridgepoint to divest its 40% stake in Argon & Co, for a total enterprise value of €410 million.
• Represented IMDEV as issuer of a unitranche facility subscribed by ICG in order to finance the acquisition of several radiology imaging companies.
• Represented Montefiore Investment as issuer of a unitranche facility subscribed by Pricoa Private Capital in order to refinance the take private transaction of Generix Group.
• Represented Etix Everywhere as issuer of a unitranche facility from Zencap in order to finance the acquisition of CIV.
• Represented Fiera Comox in its participation in the refinancing of Feu Vert.
• Represented White Peaks Capital as subscriber, on the structuring and implementation of a senior bonds financing made available to the Acont Group.
• Represented LBO France on the financing aspects of its acquisition of a minority stake in Mazarine.
• Represented EMZ on the financing aspects of its acquisition of a minority stake in Axdis Pro.
• Represented Batibig as borrower in an LBO transaction through a syndicated loan granted by BNP Paribas.
• Represented Banque Palatine on a financing package granted to Matawan in connection with its acquisition by Antin Infrastructure Partners, alongside a unitranche financing provided by Eurazeo.
• Represented Chequers Capital on the majority leveraged buyout of ASERTI Group.
• Represented the founders and controlling shareholders of Spartes Group on the financing aspects of a leveraged buy-out transaction arranged by Andera Acto.
• Represented a syndicate of leading French lenders on the financing of a French public transportation group to refinance its existing syndicated indebtedness and support the acquisition of a French target.
• Represented a leading European construction and infrastructure group on the implementation of two new Euro Private Placements incorporated the refinancing of its existing Euro PP and the amendment of an existing Euro PP.
• Represented a family-backed private markets investment firm as subscriber to bonds issued by a French beauty, wellness and cosmetics conglomerate to fund subsidiary capital expenditures and refinance existing indebtedness.
• Represented a group of lenders on the closing of revolving facility in favor of a leading French urban landscaping and tree care group and its subsequent portability in connection with the company’s acquisition by a European private equity investor.
• Represented a leading French manufacturer of electric bicycles in the successful completion of the comprehensive renegotiation of its senior financing arrangements in agreement with all its lenders.
• Represented a leading French corporate bank on a credit facility financing the acquisition of minority interests in a leading independent wealth management firm in France.
• Represented a leading French corporate bank on the structuring and implementation of a net asset value (NAV)-based revolving credit facility for the benefit of a family office.
• Represented the controlling shareholder of a leading European construction group in the closing of a new debt facility and various internal corporate transactions in connection with the group reorganization.

Project Finance

• Representing Khazna Data Centers on the structuring, development and financing of several data centers with an IT capacity in excess of 500MW.
• Represented EBRD on the project financing of the construction, development, and operation of the Karaganda 80 MW solar power plant in Kazakhstan.
• Represented EBRD on the project financing of the construction, development, and operation of the Saran 100 MW solar power plant in Kazakhstan. The deal was awarded “Solar Deal of the Year” by EMEA Finance.
• Represented Asian Development Bank and EBRD on the project financing of the construction, development, and operation of the Nomad 30 MW solar power plant in Kazakhstan.
• Represented Voltalia on the project financing granted by French lenders for the construction, development, and operation in France of a hydroelectric plant with a total capacity of over 50 MW.
• Represented Asian Development Bank and EBRD on the project financing of the construction, development, and operation of the M-Kat 100 MW solar power plant in Kazakhstan.
• Represented Tenergie on a €95 million project financing granted by Crédit Agricole Transitions et Energies, BPI France, CIC and La Banque Postale in order to finance the acquisition of a project portfolio comprising over 250 solar projects, a wind farm and storage plant.
• Represented Voltalia on the project financing granted for the construction and operation of three solar parks in mainland France with a combined capacity of 36 MW.
• Represented EBRD on structuring the financing of the construction, development, and operation of a 20 MW solar power plant in Kazakhstan.
• Represented Asian Development Bank and EBRD on the project financing of the construction, development, and operation of the M-Kat 100 MW solar power plant in Kazakhstan.
• Represented the European Investment Bank (EIB) and Proparco on the project financing of the construction, development and operation of the Tulty 100MW solar power plant in Uzbekistan.
• Represented EBRD on structuring the financing of the construction, development, and operation of a 51 MW hydropower plant.
• Represented Voltalia on the project financing granted for the construction of a wind farm in France with a combined capacity of 22 MW.
• Represented Communication and Renewable Energy Infrastructure as borrower on the project financing granted by International Finance Corporation and Deutsche Investitions- und Entwicklungsgesellschaft to fund the roll-out of up to 618 built-to-suit telecoms towers in the Philippines.
• Represented Privredna Banka Zagreb on the implementation of a new facility to Sunce Hoteli.
• Represented EBRD on structuring the project financing of the construction, development, and operation of a 10MWp solar photovoltaic power plant located in Egypt (north of Cairo).
• Represented Voltalia on the project financing granted for the construction of a solar park in French Guiana with a capacity of 18 MW.
• Represented Voltalia on the project financing granted for the construction and operation of two storage units forming the largest battery storage system in France with a combined capacity of 11.3 MWh and a conversion power of 10 MW.
• Represented Voltalia on the project financing for the construction of a wind farm in mainland France with a combined capacity of 10.4 MW.
• Represented Voltalia on the project financing for the construction of a solar park in mainland France with a combined capacity of 5 MW.
• Represented development banks on more than 80 transactions since 2019.

Funds Finance

• Represented French lenders on a multicurrency revolving credit facility subscription line made available to an English real-estate fund.
• Represented English and French lenders on the closing of a net asset value-based facility for a French midcap fund and 6 related, Luxembourg affiliates.
• Represented a French fund on the closing of a net asset value-based facility granted by a private debt fund.
• Represented two international banks on a multicurrency revolving credit facility subscription line

Corporate Finance

• Represented 74Software on the arrangement of a €410 million senior facilities agreement by BNP Paribas, CIC Lyonnaise de Banque, Crédit Agricole Corporate and Investment Bank, Crédit Lyonnais, HSBC Continental Europe, Société Générale, ING Bank N.V. French Branch and Citibank N.A. London Branch, with Crédit Lyonnais acting as facility agent, and including a syndicate of 8 financial institutions.
• Represented Axway Software SA on the financing of the acquisition of most of Sopra Banking Software activities, which were previously part of Sopra Steria Group (Euronext, SOP) for an enterprise value of €330 million.
• Represented Voltalia on a syndicated ESG financing of €245 million granted by a group of lenders including CACIB, BNP Paribas and Natixis to finance its general corporate needs and on 5 other similar financings in 2017, 2019, 2021, 2022 and 2024.
• Represented the group of lenders including Banque Palatine, BNP Paribas and Tikehau Capital on a corporate facility granted to PullUp Entertainment.
• Represented Messika on a corporate facility granted by a pool of financial institutions including BNP Paribas.
• Represented Photosol on a syndicated ESG financing of €115 million granted by Natixis, Société Générale and BNP Paribas in order to finance its general corporate needs.
• Represented a renewable energy developer on a syndicated ESG financing granted by a pool of French lenders in order to finance its general corporate needs.
• Represented a leading renewable energy developer on a syndicated financing for the development and operation of its renewable energy projects in France.
• Represented a group of lenders on the establishment of a revolving credit facility for Adista, a leading French cloud, cybersecurity and managed services provider.
• Represented a leading global contract development and manufacturing organisations in the field of gene and cell therapy on a secured term loan facility provided by a leading global alternative investment management firm.

Fernand Arsanios helps private equity sponsors, private debt funds, financial institutions, multilateral institutions and international corporations structure and execute complex acquisition, leveraged and project financings across Europe and the MENA region. His practice covers the full lifecycle of complex financing transactions, from structuring and negotiation of the main terms through closing and, where necessary, restructuring, and spans unitranche, PIK, mezzanine, second-lien, senior secured, corporate and project finance facilities, giving clients a single point of contact for even the most layered capital structures. He provides commercially focused advice on bespoke debt solutions and cross-border transactions, helping clients secure and deploy capital, manage legal and execution risk, navigate complex deal structures and achieve strategic investment and growth objectives.

A significant part of Fernand’s practice involves advising leading sponsors, developers, international banks and multilateral institutions on energy and infrastructure transactions. He has regularly acted for developers and major development banks, structuring project finance facilities for power generation, including renewables, representing more than 2.9 GW of installed capacity, digital infrastructure and critical infrastructure assets.

He is equally active in representing private equity sponsors throughout Europe and the MENA region, tailoring documentation and deal structures to the commercial pressures fund managers face, from deployment timelines to covenant-lite expectations. Financial institutions and private debt funds also turn to him for advice on syndicated lending, elaborate unitranche structures and complex intercreditor arrangements.

Having practiced in France, England, Lebanon and the United States, Fernand bridges differing legal traditions and coordinates multi-jurisdictional financings efficiently across common-law and civil-law regimes, anticipating issues before they become obstacles and reducing friction for stakeholders on all sides of the table. Clients operating in the MENA region benefit from his understanding of the business culture, regulatory landscape and financing practices that distinguish the region, while European counterparties value his ability to integrate those considerations into documentation that meets international market standards. His approach is defined by close collaboration, practical risk management and clear, actionable advice, ensuring that the legal framework he puts in place supports, rather than constrains, the deal his clients set out to achieve.

Fernand is ranked by Chambers and Legal 500 and is recognized by Best Lawyers and Décideurs Juridiques, among other leading legal directories.