France’s Rubis Terminal to offer €410 million senior notes due 2025

Chicago, May 11 – Rubis Terminal SA announced that the company is planning to offer €410 million of senior secured notes (B+) due 2025, according to a notice.

Proceeds from the Regulation S offering will be used, with cash on hand, to repay debt incurred in connection with the acquisition of 45% of the equity capital of Rubis Terminal by I Squared Capital Advisors (US) LLC. Proceeds will also be used to refinance the group’s existing debt.

Rubis Terminal, a member of the Rubis Terminal group, is a Paris-based petroleum storage and distribution company.

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