REG - Compagnie St-Gobain - Issue of Debt

Compagnie de Saint Gobain SAAnnouncement

13/03/2018 17:00

RNS Number : 6158H
Compagnie de Saint-Gobain
13 March 2018
PRESS RELEASE
March 13, 2018
Saint-Gobain successfully launches a bond offering for EUR 750 million, 8 year maturity, 1.125% coupon
Compagnie de Saint-Gobain today set the terms of an 8 year bond issue (maturity March 2026) for an amount of EUR 750 million with an annual coupon of 1.125%.
Saint-Gobain takes advantage of this operation to lengthen the average maturity of its debt, optimising at the same time its average cost of funding.
The final orderbook totalled close to EUR 1.4 billion from over 120 investors, which underlines bond investors' confidence in the credit quality of Saint-Gobain.
Saint-Gobain's long-term senior debt is rated BBB by Standard & Poor's and Baa2 by Moody's.
BNP Paribas, Deutsche Bank, Goldman Sachs International, ING, Morgan Stanley and Standard Chartered Bank acted as lead managers for this bond issue.
ABOUT SAINT-GOBAIN
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.
40.8 billion in sales in 2017
Operates in 67 countries
More than 179,000 employees
www.saint-gobain.com
@saintgobain
Analyst/Investor relations
Media relations
Vivien Dardel
Florent Nouveau
Floriana Michalowska
+33 1 47 62 44 29
+33 1 47 62 30 93
+33 1 47 62 35 98
Laurence Pernot
Susanne Trabitzsch
+33 1 47 62 30 10
+33 1 47 62 43 25

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