NEW Corporate & Institutional Banking

Boels Rental, the 2nd largest equipment rental player in Europe, acquired competitor Riwal – strengthening its position in existing geographies, while expanding its footprint into new attractive markets such as Spain and France. BNPP supported the company throughout its full journey, providing capital structuring advice and execution expertise. This included €200m bridge financing and a new €600m SSN offering. Subsequently, the company did an amend and extend of the existing Term Loan B and RCF, also supported by a.o. BNPP.

BNPP supported Van Oord, a global marine contractor, with a long-term Green ECA covered term loan financing its new Wind Turbine Installation Vessel, the Boreas. The vessel is the company’s largest vessel, operating a methanol dual-fuel engine and will start operations in due course in 2025. BNPP is proud to have supported Van Oord by funding its extensive capex program which will drive the energy transition globally in years to come.

Your.World – backed by Strikwerda Investments – as the leading European provider of mission critical online solutions for SMEs through local brands and has two main operating divisions (Your.Online and Your.Cloud) closed a new inaugural €1bn Term Loan, in which BNPP acted as Mandated Lead Arranger, Joint Physical Bookrunner and Joint Global Coordinator. The use of proceeds were used to refinance existing debt and to further support the company’s continuous growth through M&A. This landmark transaction highlights BNPP’s best-in-class structuring, execution, and distribution capabilities for one of the largest new money Euro TLB issuances in 2024.