Cases & Deals

Deutsche Pfandbriefbank finances aquatic center in Rillieux-la-Pape, France

Clients Deutsche Pfandbriefbank AG

Jones Day represented Deutsche Pfandbriefbank AG in connection with the €20 million (US$24.5 million) project financing of an aquatic center located in Rillieux-la-Pape, France sponsored by Opalia, a joint-venture between Suez Eau France and Vert Marine. The contractual structure involved a concession contract entered into between the municipality and a SEMOP (société d'économie mixte à opération unique). The SEMOP was created by the municipality and the private contractor.