Saur Completes €400 Million Blue Bond Offering

Paul, Weiss advised Saur, a France-based global leader in water infrastructure and services, and a portfolio company of EQT Infrastructure, CVC DIF and PGGM, on its offering of €400 million in “blue” senior notes due 2032. Blue bonds are financial instruments focused on channeling capital into the protection of water resources, from reducing consumption to wastewater reuse. Proceeds from this offering are dedicated to funding such projects.

Paul, Weiss also advised Saur on a concurrent tender offer for its existing €500 million sustainability-linked senior notes due 2028.

The Paul, Weiss team was led by corporate partners Matthew Merkle and Deirdre Jones, and tax partner Jamie Chambers.