Clifford Chance with joint lead managers on OCP’s notes issuance
Clifford Chance advised the joint lead managers on OCP’s USD 1 billion 5.25 year non-call reset subordinated notes and USD 500 million 10.25 year non-call reset subordinated notes.
OCP is a fertiliser company active in the extraction, production and commercialisation of phosphate rock, phosphoric acid, phosphate-based fertilisers and animal nutrition and speciality products.
The Clifford Chance team
Mustapha Mourahib (pictured left) on debt capital markets matters and Olivier Plessis (pictured right) on US capital markets matters led the firm’s cross-border Casablanca, Paris and London lineup. The core team also included Cedric Burford, Johannes Juette, Auriane Bijon, Natasha Sarna, Hamza Morsad and Jessica Hadid. US tax advice was provided in New York by Avrohom Gelber and Milica Pavlovic.