Global law firm Ashurst is advising Société Générale and BNP Paribas on the financing of the EUR1.3 billion acquisition of Reward Gateway, a platform designed to help companies engage, motivate and retain their employees, by Edenred, a specialist in services and payments for businesses.

Ashurst advised Société Générale and BNP Paribas on the implementation of a EUR1 billion bridge loan.

Edenred's acquisition of Reward Gateway marks the exit of the Abry Partners and Castik Capital funds, which had a share in the company's capital since 2021.

This acquisition reflects Edenred's will to expand its service offering, particularly in the rewards and well-being segment.

The Ashurst team was led by finance partner Eric Fiszelson, supported by counsel Audrey Lesage and associate Louis Regnard.

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For further media information/interview opportunities please contact:

Suzanne Harley

T +44 (0)141 375 4748 / +44 (0)7917 004369

E suzanne.harley@ashurst.com

Notes to editors:

Ashurst is a leading international law firm with world class capability and a prestigious global client base. The firm's in-depth understanding of its clients and commitment to providing exceptional standards of service has seen it become a trusted adviser to local and global corporates, financial institutions and governments on all areas of commercial law. The firm's people are its greatest asset and it brings together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice clients need.

Ashurst has 31 offices in 18 countries and offers the reach and insight of a global network, combined with the knowledge and understanding of local markets. With over 450 partners and a further 1,800 lawyers working across 11 different time zones, the firm is able to respond to clients wherever and whenever required. As a global team, Ashurst has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects and delivering outstanding outcomes for clients.

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