Bond advises Credit Agricole Corporate and Investment Bank with the extension and expansion of a true sale receivables purchase program

Bond advised Credit Agricole Corporate and Investment Bank (CACIB) on the Dutch legal aspects of the extension and expansion of an existing true sale receivables purchase program for a large international industrial corporation with material production activities in the Netherlands. The proceeds of the program are designated for, among other things, the financing of production process-related sustainability measures. Other advisors involved were Herbert Smith Freehills (Paris) (lead counsel to the purchaser), Slaughter & May (lead counsel to the sellers) and Houthoff Buruma (Dutch local counsel to the sellers).