REG - Compagnie St-Gobain - Successfull launch of a bond offering <Origin Href="QuoteRef">SGOB.PA</Origin>

Compagnie de Saint Gobain SAAnnouncement

06/03/2017 17:00

RNS Number : 6640Y
Compagnie de Saint-Gobain
06 March 2017
PRESS RELEASE
March 6, 2017
Saint-Gobain successfully launches a bond offering for EUR 750 million, 8 year maturity, 1% coupon
Compagnie de Saint-Gobain today set the terms of an 8 year bond issue for an amount of EUR 750 million with an annual coupon of 1%.
Saint-Gobain took advantage of the favourable conditions on the credit market to lengthen the average maturity of its debt and optimise its average cost of funding.
The orderbook totalled more than EUR 2.5 billion from over 180 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.
Citi, Commerzbank, MUFG, NatWest Markets, Santander GCB and UniCredit 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.
39.1 billion in sales in 2016
Operates in 67 countries
More than 170,000 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 
Charles Hufnagel
Susanne Trabitzsch
+33 1 47 62 30 10
+33 1 47 62 43 25

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