Cases & Deals

sanofi-aventis completes $7 billion Yankee Bond issue

Clients sanofi-aventis

Jones Day represented sanofi-aventis, a large pharmaceutical company, in connection with its issuance of $7 billion of Notes. The bonds consisted of six tranches which included $1 billion of Floating Rate Notes due 2012; $1 billion of Floating Rate Notes due 2013; $750 million of Floating Rate Notes due 2014; $750 million of 1.625% Notes due 2014; $1.5 billion of 2.625% Notes due 2016; and $2 billion of 4.000% Notes due 2021.

The offer was made pursuant to the registration statement filed with the SEC by sanofi-aventis on March 15, 2010. This transaction marks sanofi-aventis' inaugural access to the USD bond market.