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Seela Apaya-Gadabaya

European Counsel

Seela Apaya-Gadabaya

European Counsel
Paris +33-7304-1000+33-7304-1000 +33-7304-1010+33-7304-1010
[email protected]
Seela Apaya-Gadabaya is European Counsel in Sullivan & Cromwell’s Paris office. She joined Sullivan & Cromwell in 2014 with more than ten years’ experience in capital markets, mergers and acquisitions and restructuring transactions. 

Ms. Apaya-Gadabaya’s experience includes advising issuers and underwriters mainly in initial public offerings, equity (rights issues, ABB) and equity-linked issuances, corporate clients on mergers and acquisitions transactions for listed and private companies, listed issuers on a number of corporate governance and company law issues.

Ms. Apaya-Gadabaya is fluent in English and French. She is a member of the Paris bar.

SELECTED REPRESENTATIONS

Securities
  • Altran Technologies on its €750 million rights issue
  • ​the underwriters, on EDF’s €4 billion capital increase
  • Elis on its inaugural €1 billion bonds issue under an EMTN program, on its €400 million convertible bonds issue, on its €325 million rights offering (Regulation S), on its €750 million initial public offering and on its €800 million high-yield senior note offering (Rule 144A and Regulation S)
  • EDF on its hybrid refinancing transaction with a €1.25 billion hybrid notes offering and a tender offer on four outstanding series of hybrid notes, €1 billion senior notes issuance, $3.75 billion bonds issuance and  $4.75 billion bonds issuance 
  • Labco on its initial public offering (abandoned)
  • Alcatel-Lucent on its €1 billion dual offering of bonds
  • Gaztransport & Technigaz on its €621 million initial public offering
  • Accor on its initial public offering of Groupe Lucien Barrière on the regulated market of NYSE Euronext in Paris (transaction cancelled after obtaining a visa on the prospectus)
  • Iliad on its initial public offering
  • Store Electronic Systems on its initial public offering
  • SES Global on its initial public offering
  • Goldman Sachs in relation to the issue by Ingenico of convertible or exchangeable bonds (OCEANE) and their subsequent listing on the regulated market of NYSE Euronext Paris
  • Saft on its share capital increase with preferential subscription rights
  • Société Foncière Paris France on its share capital increase with preferential subscription rights
  • Groupe Ares on its share capital increase with preferential subscription rights
  • Ofi Private Equity Capital on its share capital increase with preferential subscription rights
  • Commerzbank AG in connection with the bonds issuance of the Schmolz and Bickenbach group
  • IMS International Metal Services in relation with the sale by some shareholders of their holdings so as to increase the float
  • Seloger.com on its initial public offering
Mergers & Acquisitions
  • Elis on its acquisition of Berendsen
  • Alcatel-Lucent on the public exchange offer launched by Nokia, valued at €15.6 billion
  • TOTAL on its disposal to Temasek of its remaining stake in Gaztransport & Technigaz
  • KfW in relation with the reorganization of the shareholding and corporate governance of EADS
  • Eurazeo on the sale of 4.8% of Moncler’s share capital for €445 million by its subsidiary ECIP M S.A.
  • Eurazeo on the €179 million sale of 10% of the share capital of Europcar
  • Eurazeo on the €192 million sale of its 11.4 million shares in Elis and on the €281 million sale by its subsidiary, Legendre Holding 27, of 17.1 million Elis shares
  • General Atlantic in connection with its strategic partnership with the German company Axel Springer 
  • Safran on the creation of an optronics joint-venture with Thalès
  • Solvay on the acquisition of Fournier Industries et Santé and BTG Pharma
Restructuring
  • Senior creditors, in relation to the restructuring of Technicolor (ex-Thomson)