Gecina in €500 Million Borrowing

March 10, 2006

Cleary Gottlieb acted as special French counsel to Gecina in a €500 million syndicated credit facility arranged by Ixis Corporate & Investment Bank, which acted as lead arranger and agent.

Gecina is a leading European real estate group (market capitalization approximately €6.3 billion) that owns and manages an estimated €9 billion of business and residential properties covering over a square mile, principally in Paris.