Eureden successfully raises new syndicated financing indexed on CSR indicators, 520 million over 5 years.

Based in Brittany, Eureden is a leading agricultural and agri-food cooperative group with operations in France, Spain, Hungary and Germany.
Its multidisciplinary activities include collecting and adding value to the agricultural produce of cooperative farmers cooperative farmers, processing and marketing a wide variety of products (vegetables and ready meals, frozen foods, meats, egg products), as well as the distribution of garden, pet and DIY products.
The Group supports more than 17,000 farmer-members and generated sales of around 3.8 billion in 2024.

The new financing will simplify the Group’s debt structure, with a size tailored to the pursuit of its strategy of performance and investment in transitions. This financing is supported by Eureden’s historic partner banks and a new Spanish bank, BBVA (Banco Bilbao Vizcaya Argentaria), reflecting the Group’s international dimension.

Following on from the previous syndicated loan, this financing is indexed to CSR criteria, with objectives to reduce greenhouse gas emissions, develop alternative solutions to plant protection products and support the
installation of new farmers.
The financing was taken out with :
● Caisse Régionale de Crédit Agricole Mutuel du Morbihan, Caisse Régionale de Crédit Agricole Mutuel du Finistère, Natixis CIB, Société Générale – Mandated Arrangers & Bookrunners ;
● Arkéa BEI, Banque CIC Ouest, BNP Paribas, Caisse Régionale de Crédit Agricole Mutuel des Côtes d’Armor, Caisse d’Epargne et de Prévoyance Bretagne-Pays de Loire –
Mandated Arrangers ;
● Banque Populaire Grand Ouest, HSBC Continental Europe – Lead Arrangers ;
● Banco Bilbao Vizcaya Argentaria, Banque Palatine, Caisse d’Epargne et de Prévoyance de Bourgogne Franche-Comté, Caisse d’Epargne et de Prévoyance Normandie, Crédit
Coopératif and Crédit Lyonnais.

Crédit Agricole CIB is the Coordinator and Documentation Agent, Société Générale is the Agent and Security Agent and Natixis CIB, Banque Populaire Grand Ouest and Caisse d’Epargne et de Prévoyance Bretagne-
Pays de Loire are ESG Coordinators.
Lazard acted as financial advisor and De Pardieu Brocas Maffei as legal advisor to Eureden.

Ashurst LLP acted as legal advisor to the banks.

Alain Perrin, Chief Executive Officer of the Eureden Group, commented: ‘This new financing illustrates the renewed confidence of the banks in our ambitious project in Brittany, as well as the credibility of our business plan for the next 5 years. ’