REG - Compagnie St-Gobain - Bond issue

Compagnie de Saint Gobain SAAnnouncement

26/03/2025 07:00

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RNS Number : 1425C  Compagnie de Saint-Gobain  25 March 2025

 

 

SAINT-GOBAIN has SUCCESSFULLY PRICED A DOUBLE TRANCHE

EUR 1.2 BILLION BOND ISSUE CONSISTING OF:

·   EUR 700 million with a 3-year maturity and a 2.75% coupon

·   EUR 500 million with a 8-year maturity and a 3.50% coupon

 

 

 

With this transaction Saint-Gobain has taken advantage of favorable market
conditions to anticipate its future refinancing needs.

 

The bonds were nearly 3 times oversubscribed, with over 150 investors
demonstrating confidence in the Group's credit quality.

 

Saint-Gobain's long-term senior debt is rated BBB+ (stable outlook) by
Standard & Poor's and Baa1 (stable outlook) by Moody's.

 

Deutsche Bank and NatWest acted as global coordinators and active bookrunners,
while Barclays, BBVA, CaixaBank, J.P. Morgan, Mizuho and Natixis also acted as
active bookrunners on this bond issue.

 

 

About Saint-Gobain

 

Worldwide leader in light and sustainable construction, Saint-Gobain designs,
manufactures and distributes materials and services for the construction and
industrial markets. Its integrated solutions for the renovation of public and
private buildings, light construction and the decarbonization of construction
and industry are developed through a continuous innovation process and provide
sustainability and performance. The Group, celebrating its 360(th) anniversary
in 2025, remains more committed than ever to its purpose "MAKING THE WORLD A
BETTER HOME".

 

€46.6 billion in sales in 2024

More than 161,000 employees, locations in 80 countries

Committed to achieving net zero carbon emissions by 2050

 

For more information about Saint-Gobain, visit www.saint-gobain.com
(http://www.saint-gobain.com) and follow us on X @saintgobain
(https://twitter.com/saintgobain)

 Analyst/investor relations                Press relations
 Vivien Dardel:         +33 1 88 54 29 77  Patricia Marie:    +33 1 88 54 26 83
 Floriana Michalowska:  +33 1 88 54 19 09  Laure Bencheikh:   +33 1 88 54 26 38
 Alix Sicaud:           +33 1 88 54 38 70  Yanice Biyogo:                         +33 1 88 54 27 96
 James Weston:          +33 1 88 54 01 24

 

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