Arsenal have officially announced that Nicolas Pepe has joined Nice on loan.
The winger travelled to France on Thursday to undergo a medical and complete the deal, which will see him spend the reason of the season at the Ligue 1 side.
There is no option for Nice to make the move a permanent next summer, when Pepe will have just a year remaining on his current Arsenal contract.
While the Gunners would have been keen to sell the 27-year-old this window, there was a lack of options in terms of permanent buyers and the club have had to accept a loan move.
It comes three years after Pepe arrived in north London for £72million from Lille, comfortably making him the club’s record signing.
Nice have already had a busy summer of transfer activity, with Kasper Schmeichel arriving from Leicester and former Arsenal midfielder Aaron Ramsey also joining the French club after leaving Juventus.