Financial News Awards for Corporate Excellence Europe 2004 Sullivan +…

Financial News Awards for Corporate Excellence Europe 2004
Sullivan + Cromwell LLP represents the underwriters.

“Vivendi Universal’s $1.3bn (€1bn) dual currency bond was hailed as the deal that kick-started the European high-yield debt market in 2003. . . . The French media and entertainment group’s deal, which comprised dollar and euro tranches, marked its first foray into the international bond markets. . . . It sold out quickly on its launch in April, as investors jumped at the chance to buy bonds that were generously priced. . . .”