Edmond de Rothschild has structured an HLD bond

Corporate Finance - 6/16/2016

HLD Europe, the investment holding company led by Jean Bernard Lafonta and Jean-Philippe Hecketsweiler, recently finalized a program of €40 million on the bond markets Euro PP (Private Placement bond, listed or not). This is the maximum amount provided under this first issue.

​Edmond de Rothschild (Europe) has structured this bond and participated in fundraising with Aurel BGC (one of the leading brokerage agents on the financial market).

Interest : 5,65%


The obligations (bonds), which have a term of five years and bear interest at 5.65%, are listed on the Luxembourg Stock Exchange.

HLD Europe is an entrepreneurial holding company, based in Luxembourg since June 2015.

Its founders and shareholders are Jean-Philippe Hecketsweiler, Jean Bernard Lafonta, and Philippe Donnet (current CEO of the Generali group).

HLD Europe shareholders are leading entrepreneurs including Claude Bébéar (founder of the AXA insurance company), Norbert Dentressangle (founder of the eponymous group) and the Decaux family (founder of urban furniture group, JC Decaux), De Agostini in Italy, and Cathiards in Switzerland.

Consumer brands


HLD Europe now owns consumer brands such as Filorga, SVR, Sarenza, and Coyote, as well as the home health group IPSanté / AMS creator lounge Tranoi and the hotel platforms Gekko and Cellfish.

The vocation of Europe HLD is to invest for the long term in European companies to assist them in their international development and to strengthen their leadership.

HLD Europe focuses on companies that are part of an entrepreneurial approach offering potential or organic or external growth, improved operating performance, and international development.

Jean-Philippe Hecketsweiler, Co-founder and CEO of HLD Europe:

We are pleased that many institutional and familial investors have expressed their confidence in our long-term approach to invest in European companies. This funding allow us to effectively support the growth of our investments, accelerate our development in Europe, and strengthen our presence with numerous international investors. Through this first listing in Luxembourg, HLD takes another step in its development.

Matthias Kuntz, Head of Capital Markets for Aurel BGC:

We are proud to have contributed to this first issue and have provided around HLD a pool of long-term investors composed of institutional investors (insurance companies, management companies, or debt funds) and European family office. All have been seduced by the philosophy of HLD investment and our diversified portfolio of sustained growth in businesses.

Growth profile


Philippe Jouard, Deputy Director General of Edmond de Rothschild (Europe):


Investors have been very sensitive to the project led by HLD, the quality of its shareholders, and the growth profile of the companies supported by the group.