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26 Mar 2025 07:00
SAINT-GOBAIN has SUCCESSFULLY PRICED A DOUBLE TRANCHEEUR 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 360th 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 and follow us on X @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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