Rubis Energie operates in over 40 countries across three geographical zones: Europe, Africa, and the Caribbean.
In July 2024, Pricoa Private Capital set up a $265 million Shelf Facility and will fund 3 series of €70 million each of Senior Unsecured Notes with 8-, 10-, and 12-year bullet maturities. This transaction marks Rubis’ first US Private Placement. The proceeds will enable the Company to diversify its funding sources while extending the current average maturity of its debt from 3 to 5 years.
CMS Francis Lefebvre represented Pricoa Private Capital as lender counsel. BRED Banque Populaire advised on the transaction, and Norton Rose Fulbright LLP Paris and London offices acted as legal counsel for Rubis.
We are excited to formalise our partnership with Rubis through this investment, and we look forward to continuing to support the Company into the future.