Satys Aerospace, a leading global player in aircraft painting and sealing, has announced the signing of a strategic financing transaction for a total amount of €81 million.
The transaction comes against a backdrop of strong momentum in the aerospace sector — including commercial aviation, defence and helicopters — and supports Satys Aerospace’s growth trajectory, driven by a 13% increase in activity over the first seven months of the financial year and a significant improvement in profitability.
Initiated by Satys Aerospace, the transaction is aimed in particular at reducing the cost of certain existing debt facilities, preparing for the repayment of government-backed loans and providing the Group with the financial resources required to support its next stages of development.
In addition to the refinancing of certain existing debt, the financing includes a dedicated investment facility and a short-term revolving credit facility (RCF). It was arranged with seven of Satys Aerospace’s existing banking partners — CIC, Crédit Agricole 31, Bpifrance, Société Générale, BNP Paribas, Banque Populaire Occitane and Caisse d’Épargne Midi-Pyrénées — joined by LCL.
The transaction will strengthen Satys Aerospace’s financial flexibility in an industrial environment marked by accelerating production rates and significant development ambitions, particularly in North America, Asia and Morocco.
Bignon Lebray’s involvement
Bignon Lebray advised Satys Aerospace on the legal aspects of the transaction, alongside the Kepler Cheuvreux teams.
The Bignon Lebray team consisted of partner Pierre-Emmanuel Scherrer*, counsel **Delphine Tagand, and associate Pauline Fournier-Lesvenan advising on M&A and Structuring, alongside partner Serge Rastorgoueff and associate Dimitri Nadelgaft for Financing matters, with support from Véronique Montagnon, Legal Assistant.
This engagement highlights Bignon Lebray’s ability to bring together complementary areas of expertise to support strategic transactions for growing industrial companies. It fully reflects the firm’s approach: supporting business leaders in their strategic decisions through an integrated, pragmatic legal perspective focused on their development.
Deal team
Satys Aerospace’s advisers:
Financial adviser: Kepler Cheuvreux Legal counsel: Bignon Lebray - M&A / Structuring: Pierre-Emmanuel Scherrer, Partner; Delphine Tagand, Counsel; Pauline Fournier-Lesvenan, Associate; Véronique Montagnon, Legal Assistant - Financing: Serge Rastorgoueff, Partner; Dimitri Nadelgaft, Senior Associate
Banking partners:
CIC, Crédit Agricole 31, Bpifrance, Société Générale, BNP Paribas, Banque Populaire Occitane, Caisse d’Épargne Midi-Pyrénées and LCL.
