Press Release
OVH.com raises 181 millions dollars to support its American and European expansion
2013
Press Release
Australie
OVH.com will carry its growth and its investments in North America and Europe, markets onto which the hosting provider is already established and working towards a fast expansion.
The combination of OVH.com’s solid foundations and its strong and steady growth since its creation in 1999 convinced the banks to participate in this new expansion phase.
For Nicolas Boyer, CFO at OVH.com, “this syndicated loan assures the next two years of development for the company, by financing 70% of the North American and European investments to come, the remaining being self-financed. It therefore offers us the visibility to carry on a very sustained development and an ever-growing client demand. Moreover, this financing allows us to consolidate our relationships with financial partners that have trusted us for over ten years and who have reaffirmed, through this operation and the magnitude of this fundraising, their willingness to accompany OVH.com’s development.”
The bookrunners that established this fundraising are BNP Paribas, Crédit Agricole (Crédit Agricole Corporate and Investment Bank and Crédit Agricole Mutuel Nord de France) and HSBC. They were advised by De Pardieu Brocas Maffei (legal advising).
To lead this operation, OVH.com was advised by KPMG Corporate Finance (financial advising) and Nabarro & Hinge (legal advising).
The combination of OVH.com’s solid foundations and its strong and steady growth since its creation in 1999 convinced the banks to participate in this new expansion phase.
For Nicolas Boyer, CFO at OVH.com, “this syndicated loan assures the next two years of development for the company, by financing 70% of the North American and European investments to come, the remaining being self-financed. It therefore offers us the visibility to carry on a very sustained development and an ever-growing client demand. Moreover, this financing allows us to consolidate our relationships with financial partners that have trusted us for over ten years and who have reaffirmed, through this operation and the magnitude of this fundraising, their willingness to accompany OVH.com’s development.”
The bookrunners that established this fundraising are BNP Paribas, Crédit Agricole (Crédit Agricole Corporate and Investment Bank and Crédit Agricole Mutuel Nord de France) and HSBC. They were advised by De Pardieu Brocas Maffei (legal advising).
To lead this operation, OVH.com was advised by KPMG Corporate Finance (financial advising) and Nabarro & Hinge (legal advising).