Allen & Overy advises joint lead managers in connection with AXA note issue

Allen & Overy has advised BNP Paribas, Citigroup, Crédit Agricole CIB and HSBC as joint lead managers in connection with the issue by AXA of $850m undated subordinated notes, which was priced on 15 January 2013.

The law firm also advised BNP Paribas, Crédit Agricole CIB, Citigroup, HSBC, Natixis and Société Générale Corporate & Investment Banking as joint lead managers on the issue by AXA of €1bn fixed to floating rate subordinated notes due 2013, which was priced on 17 January 2013.

Both issues were made pursuant to AXA’s €14bn Euro Medium Term Note Programme.

The Allen & Overy Paris team was led by Dan Lauder and François Poudelet (partners — international capital markets). The tax team was led by Mathieu Vignon (partner — tax), assisted by Viviane Carpentier (associate — tax).

Linklaters advised the issuer. The team was led by Severin Robillard (partner), assisted by Grégoire Karila (associate).