FrédéricGros

Partner

París + 33.1.56.59.38.32

Frédéric Gros practices banking and finance law with an emphasis on real estate, asset finance, and project finance. He acts as a transactional lawyer and as a litigator in financial matters before civil and commercial courts (including ESG [environmental, social, and governance] litigation against financial institutions and corporates).

Frédéric regularly advises Goldman Sachs in the financing of various investments made in France (277 Saint-Honoré, Le Havre, and Romainville). He advised Blackstone in its first transaction in France as direct lender in a VEFA (off-plan property) financing related to an office building in the Pas-de-Calais. He recently advised the subordinated lenders in the financing of the acquisition of a five-star hotel located at 150 Champs-Elysées. He also advised the German bank pbb in the financing of the purchase of the Artillery Hotel to the French State by the Fondation Nationale des Sciences Politiques.

He regularly advises Coöperatieve Rabobank U.A. in relation to corporate loans extended to French agricultural cooperatives.

Frédéric represents banks such as Dexia Crédit Local, SFIL, CAFFIL, and Crédit Agricole CIB in litigation related to structured loans and derivatives or to interest rates challenged by borrowers. In this respect, he represented the banks in cases where the Cassation court dismissed all the cities' claims against Dexia Crédit Local, SFIL, and CAFFIL (Cour de cassation: Saint-Leu-la-Forêt [28 March 2018], Saint-Cast-le-Guildo [26 June 2019] and Paris Court of Appeals after cassation: Sassenage [14 October 2021], and CHU de Saint-Etienne [20 April 2022]) and Depfa Bank plc in the SIDRU de Saint-Germain-en-Laye case where the Cassation court dismissed all the claims of this syndicate of municipalities against the bank (Cour de cassation [5 September 2018]).

Experiencia

  • Dexia Crédit Local and Caisse Française de Financement Local defend against lawsuit relating to structured loansJones Day successfully defended Dexia Crédit Local SA and Caisse Française de Financement Local before the Versailles Court of Appeal and the Nanterre Civil Court in connection with a lawsuit initiated by the City of Saint-Leu-la-Forêt related to structured loans.
  • CBRE Global Investors sells portfolio of twelve dry and cold storage logistics facilities in FranceJones Day advised CBRE Global Investors in connection with the sale of a portfolio of twelve dry and cold storage logistics properties located throughout France.
  • Deutsche Pfandbriefbank and La Banque Postale provide €160 million long term facilities to French public law entity Fondation Nationale des Sciences PolitiquesJones Day represented Deutsche Pfandbriefbank AG (PBB), as arranger, and La Banque Postale, as co-arranger, in connection with €160 million (US$195.8 million) long term facilities provided to French public law entity Fondation Nationale des Sciences Politiques (FNSP) acting as borrower and sponsor of the new Sciences Po campus.
  • Investment firm acquires building in Levallois-PerretJones Day advised an investment firm in a joint venture comprised of two investors in the acquisition of a building located in Levallois-Perret.
  • Deutsche Pfandbriefbank provides financing in connection with acquisition of Hôtel de l’Artillerie located in Paris, FranceJones Day represented Deutsche Pfandbriefbank AG in the financing provided to Fondation Nationale des Sciences Politiques in connection with the acquisition of the Hôtel de l’Artillerie, located at Saint-Thomas d’Aquin plaza, VIIe arrondissement in Paris, France.
  • Unicredit-led syndicate provides financing for consortium in connection with acquisition of shares owned by French State in Société des Aéroports de la Côte d'Azur (Nice Airport)Jones Day acted as counsel to Unicredit SpA; Intesa SanPaolo SpA; Banca IMI SpA; Cassa Depositi E Prestiti SpA; MPS Capital Services Banca per le Imprese SpA; The Bank of Tokyo-Mitsubishi UFJ, Ltd; and MUFG Bank (Europe) N.V. in connection with a €1.222 billion (US$1.296 billion) investment for a consortium formed by Atlantia, Aeroporti di Roma, and EDF in connection with the acquisition of the shares owned by the French State in Société des Aéroports de la Côte d'Azur.
  • Wabtec acquires Faiveley Transport for $1.8 billionJones Day advised Wabtec Corporation in the acquisition of Faiveley Transport S.A., a global supplier of high added value integrated systems for the railway industry, for a total of $1.8 billion in cash and stock, including assumed debt.
  • Goldman Sachs and Highgate Hotels acquires K+K Hotels GroupJones Day advised a consortium led by Goldman Sachs and Highgate Hotels, a leading hospitality investment and management company, in its acquisition, acquisition financing, and debt restructuring of the K+K Hotels group, which owns a portfolio of ten boutique hotels located in London, Paris, Barcelona, Munich, Vienna, Prague, Budapest, and Bucharest.
  • CBRE Global Investment Partners European Co-investment Fund acquires OPCI LogizolaJones Day advised CBRE Global Investment Partners European Co-investment Fund in the acquisition of OPCI Logizola, a regulated French investment company, which owns a portfolio of 12 logistics assets across France for €240 million (US$264.6 million) and the continuation of the existing Natixis loan in connection with the portfolio.
  • Dexia Credit Local defends over 200 financial litigations relating to structured products commercialized to public sector entitiesJones Day is representing Dexia Credit Local in connection with over 200 high profile financial litigations relating to structured products commercialized to public sector entities, advising Dexia on the legal and procedural strategy involving banking and derivative law, lenders' contractual and tort liability, financial services regulation, and public law issues.
  • Société de Financement Local and Caisse Française de Financement Local defend in over 200 financial litigations relating to structured products commercialized to public sector entitiesJones Day is lead counsel to Société de Financement Local and Caisse Française de Financement Local in over 200 financial litigations relating to structured products commercialized to public sector entities.
  • Société Générale provides financing for aquatic centreJones Day represented Société Générale in the €15 million (US$20.8 million) financing in connection with the rehabilitation, extension, maintenance, and operation of the aquatic centre of Rosny-sous-Bois under the délégation de service public scheme for the City of Rosny-sous-Bois.
  • Ecore amends €225 million facility and €100 million term loan; renews €225 million facilityJones Day advised Ecore B.V., a French company specializing in the recycling of industrial waste, and its subsidiaries in connection with: the negotiation of various waivers and amendments to their €225 million borrowing base facility and €100 million term loan; the renewal of a €225 million borrowing base facility provided by a pool of French, Belgian, Dutch, and German banks; and the renewal of the related security package covering the group companies' movable assets in France, the Netherlands, Belgium, and the Grand Duchy of Luxembourg.
  • Société Générale-led syndicate finances waste reception and recycling center in FranceJones Day assisted a pool of banks comprised of Société Générale, PBB, SMBC, and BPIFrance Financement in connection with the €220 million (US$299.4 million) project financing for the conception, construction, and operation of a waste reception and recycling center in Clermont-Ferrand for the Valtom.
  • German Federal Agency for Financial Market Stabilization completes €2.5 billion (US$3.2 billion) rights offering of CommerzbankJones Day advised the German Federal Agency for Financial Market Stabilization, which manages the German Financial Market Stabilization Fund ("SoFFin"), in connection with the €2.5 billion (US$3.2 billion) rights offering of Commerzbank, Germany's second-largest bank.
  • Société de Financement Local created and related transfer of Dexia Municipal Agency in connection with market withdrawal of DexiaJones Day served as counsel to Société de Financement Local (SFIL), a newly created credit institution approved by the Autorité de contrôle prudentiel and owned by each of the French State; Caisse des dépôts et consignations (CDC); and La Banque Postale (LBP); in connection with the response to the structural financing difficulties encountered by the local public sector following the withdrawal of Dexia SA from the public market.
  • GM sells Strasbourg plant to Punch Metals International N.V.Jones Day advised General Motors Company in connection with the sale of its Strasbourg plant to Punch Metals International N.V.
  • Harry Winston obtains $300 million credit facilityJones Day advised Harry Winston, Inc., one of the world's most prestigious luxury jewelers, in connection with its $300 million senior secured asset based credit facility provided by a multinational consortium of banks led by Standard Chartered Bank; ABN AMRO Bank N.V.; TD Bank, N.A.; and Israel Discount Bank of New York.
  • Société Générale Equipment Finance France provides financing for develop of two photovoltaic power plants in Guénin and SurgèresJones Day advised Société Générale Equipment Finance France in connection with the project financing for the development, design, construction, and operation of two photovoltaic plants located in Guénin and Surgères, France and sponsored by White Owl Capital.
    • 13 novembre 2018
      Projet de loi PACTE : Deux séminaires dédiés chez Jones Day
    • 12 avril 2018
      Finale de la 4ème édition du Prix Jones Day/Paris II/ESSEC
    • 4 juillet 2017
      Actualités du contentieux bancaire et financier
    • 31 mai 2016
      Réforme du droit des contrats et du droit des obligations - 2ème volet : enjeux pour les banques et acteurs financiers
    • February 14, 2013
      European Banking – On the Road to Union and Harmonization?
    • 10 février 2011
      La structuration des financements à l'épreuve des nouvelles règles fiscales de sous-capitalisation
    • 29 avril 2009
      Comment sécuriser le financement de l'opération ?, Commission M&A de l’AFJE “Comment sécuriser vos transactions en temps de crise ?” (link)