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Pin to quick picksSaint Gobain Or Regulatory News (COD)

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Change: -2.625 (-3.46%)
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Issue of Debt

15 Sep 2016 07:00

RNS Number : 8821J
Compagnie de Saint-Gobain
14 September 2016
 

PRESS RELEASE

 

September 14, 2016

 

 

Saint-Gobain successfully launches a bond Offering 

for EUR 1 Billion, 3 ½ year maturity, 0% coupon

 

 

Compagnie de Saint-Gobain today set the terms of a 3 ½ year bond issue for an amount of EUR 1 billion with an annual coupon of 0%.

 

Saint-Gobain took advantage of the favourable conditions on the credit market to optimize its average cost of funding with a 0% coupon.

 

The orderbook totalled around EUR 2,6 billion from about 150 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.

 

Crédit Agricole CIB, J.P. Morgan and Société Générale CIB, as well as Banca IMI and CM-CIC 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.

 

€39.6 billion in sales in 2015Operates in 67 countriesMore than 170,000 employees

www.saint-gobain.com@saintgobain 

 

 

 

Analyst/Investor relations

 

Media relations

Gaetano Terrasini

Vivien Dardel

Florent Nouveau

+33 1 47 62 32 52

+33 1 47 62 44 29

+33 1 47 62 30 93

Susanne Trabitzsch

+33 1 47 62 43 25

    

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IODAKQDKCBKDOCD
Date   Source Headline
6th Sep 20068:05 amRNSAcquisition
28th Jul 200612:10 pmRNSInterim Results
28th Jul 200612:04 pmRNSRe Alliance
25th May 200612:28 pmRNSStabilisation Notice
25th May 200612:26 pmRNSStabilisation Notice
24th May 20063:24 pmRNSPublication of Prospectus
18th May 20068:17 amRNSIssue of Debt
27th Apr 20065:14 pmRNS1st Quarter Results
27th Apr 20065:09 pmRNSDisposal
27th Mar 20066:30 pmRNSPublication of Prospectus
24th Mar 20069:25 amRNSFinal Results
2nd Feb 20068:22 amRNSFinal Results
8th Dec 20051:08 pmRNSCompulsory Acqn of Shares
17th Nov 20057:02 amRNSOffer for BPB plc
14th Nov 20057:30 amRNSOffer Update
9th Nov 20053:29 pmRNSOffer Update
31st Oct 20057:36 amRNSOffer Update
26th Oct 20054:59 pmRNSAcquisition
25th Oct 20055:24 pmRNS3rd Quarter Results
5th Oct 20055:08 pmRNSResponse to BPB's statement
5th Oct 20058:10 amRNS600m return, dividends up
5th Oct 20057:58 amRNSBPB: Offer Timetable Extended
3rd Oct 200510:12 amRNSLow level of acceptances
3rd Oct 20057:30 amRNSOffer Update
20th Sep 20055:13 pmRNSAcquisition
15th Sep 20052:14 pmRNSResponse to Saint-Gobain
14th Sep 20054:00 pmRNSResponse to BPB Document
31st Aug 20059:28 amRNSResponse to St Gobain offer
31st Aug 20058:35 amRNSOffer Document Posted
3rd Aug 20051:04 pmRNSResponse to St-Gobain offer
3rd Aug 200512:13 pmRNSOffer for BPB PLC
3rd Aug 20057:20 amRNSRejects unsolicited proposal
29th Jul 20057:02 amRNSInterim Results
29th Jul 20057:01 amRNSInterim Results
22nd Jul 20055:00 pmRNSResponse to BPB plc Statement
22nd Jul 200512:34 pmRNSStmnt re BPB PLC - Addendum
21st Jul 20052:22 pmRNSStatement re BPB PLC
30th Jun 20055:05 pmRNSDisposal
21st Jun 20057:51 amRNSAcquisition
9th Jun 20056:13 pmRNSAGM Statement
26th May 20058:11 amRNSDisposal
4th May 20055:12 pmRNSAppointments
4th May 20058:02 amRNSAppointment
4th May 20057:55 amRNSAcquisition
26th Apr 20056:00 pmRNS1st Quarter Results
19th Apr 20059:34 amRNSRe Joint Venture
7th Apr 20057:46 amRNSAcquisition
24th Mar 20056:35 pmRNSFinal Results
24th Feb 20059:34 amRNSStatement re Investigation

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