Air Liquide Issues €500 Million of Bonds
May 27 2015 - 11:35AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI):
The Group has issued a Eurobond with the
following characteristics:
Amount: €500 million
Issuer: Air Liquide Finance S.A.
Maturity: June 3, 2025
Settlement: June 3, 2015
Format: fixed rate, repayment at
maturity
Coupon: 1.25% p.a
This transaction, issued under the Group’s €9 billion Euro
Medium Term Note (EMTN) programme, allowed the issue of a €500
million bond with a 10-year maturity. This recent transaction
brings the total outstanding amount of bonds issued to this day to
approximately € 6.2 billion, with an average maturity of 6
years.
Proceeds from this bond will allow the Group to refinance its
two bonds maturing in June 2015, and to continue funding its long
term profitable growth while benefiting from very attractive market
conditions. The Group’s capital structure remains very solid and
this operation further strengthens the liquidity of the Group.
The bond issue is rated “A+” by Standard & Poor’s,
consistent with the Group’s credit rating of “A+ / stable
outlook”.
UPCOMING DATESFirst half 2015 revenue and
results:July 30, 2015
World leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with more than
50,000 employees and serves more than 2 million customers and
patients. Oxygen, nitrogen and hydrogen have been at the core of
the company’s activities since its creation in 1902. Air Liquide’s
ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.
Air Liquide ideas create value over the long term. At the core
of the company’s development are the commitment and constant
inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests
locally and globally, and delivers high-quality solutions to its
customers and patients, and the scientific community.
The company relies on competitiveness in its operations,
targeted investments in growing markets and innovation to deliver
profitable growth over the long-term.
Air Liquide’s revenues amounted to € 15.4 billion in 2014, and
its solutions that protect life and the environment represented
around 45% of sales. Air Liquide is listed on the Paris Euronext
stock exchange (compartment A) and is a member of the CAC 40 and
Dow Jones Euro Stoxx 50 indexes.
www.airliquide.com
Follow us on Twitter @AirLiquideGroup
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version on businesswire.com: http://www.businesswire.com/news/home/20150527006163/en/
Air LiquideCorporate CommunicationsAnnie Fournier,
+33 (0)1 40 62 51 31orCaroline Philips, + 33 (0)1 40 62 50
84orInvestor RelationsAude Rodriguez, +33 (0)1 42 91 40
09orVirginia Jeanson, +33 (0)1 40 62 57 37
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