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Transactions Creads
raises €3 million from CM-CIC Capital Prive
JULY 2014
Creads raises €3 million from CM-CIC Capital Prive
Creads, the first participatory agency to centralize worldwide creativity, announces 4.1 million dollars in financing by CM-CIC Capital Privé funds. The objective of this investment is to supportCreads’ leadership in France and affirm its unique breakthrough position internationally.
Creads: a French success story.
Founded in 2008 by Ronan Pelloux and Julien Mechin, two young businessmen who were in their 20s, Creads became successful by inventing the first platform for participatory creation in France.
Financial due diligence:
The driving force behind Creads is the ability to depend on a network of 50,000 creators all around the world, combined with the expertise of an agency, to respond to issues with communication, identification, and branding (visual identity, brand name, slogans, websites, product packaging, etc…).
In concrete terms, beginning with a customer briefing, the Creads community is able to offer hundreds of different creative avenues. This hyper-creativity is controlled and supervised by 35 collaborators who strive to give top-rate positioning to every customer project. Financing to fuel Creads’ international ambitions.
Creads is looking ahead and strongly desires to establish itself as a major creative solution in the field of communication. The objective is to attain 30 million euros in returns over the next 3 years. “Our ambition is to create the first professional social network for creators. We have already developed networks in France, Spain, and Japan. We’re now ready to expand to English-speaking countries, with the goal of quickly multiplying our returns by 10‐ explains Julien Mechin, co- founder of Creads. LM
This announcement appears as a matter of record only
Consolidated Minerals’ $400 million six-year senior notes offering
Legal adviser to Consolidated Minerals:
Legal adviser to the issuer on Australian and Hong Kong law:
Consolidated Minerals’ $400 million six-year senior notes offering
Consolidated Minerals Limited (“ConsMin”) announces the successful closing of its offering of US$400 million 8% Senior Secured Notes due 2020 (the “Notes”).
Legal adviser to the issuer on Ghanaian law:
The Notes were issued in minimum denominations of US$200,000. Application has been made to list the Notes on the Official List of the Luxembourg Stock Exchange and to admit the Notes to trading on the Euro MTF market. Net proceeds of the issue will be used (i) to repurchase our outstanding US$405,000,000 8 7/8% Senior Secured Notes due 2016, (ii) to repay a portion of our shareholder loans and (iii) for general corporate purposes. Interest will be payable semi-annually. The Notes are senior obligations of ConsMin and are guaranteed by certain of ConsMin’s subsidiaries.
Mr. David Slater, CFO of ConsMin, stated: “We are very satisfied by the completion of the offering despite volatile manganese market conditions. The reduction of the coupon, as well as the increase of the Notes’ duration to six years, demonstrate the confidence of the investment community in ConsMin and its prospects”. LM
Jersey and British Virgin Islands counsel:
Legal adviser to the underwriter:
This announcement appears as a matter of record only www.lawyer-monthly.com
Consolidated Minerals
CM-CIC Capital Prive