Vranken-Pommery Monopole Group sets up a €60 million USPP
December 15 2021 - 11:45AM
Vranken-Pommery Monopole Group sets up a €60 million USPP
Financial press release
Vranken-Pommery Monopole Group sets up a
€60 million USPP
Reims, December 15, 2021
The Group, through its subsidiary
Vranken-Pommery Production, has finalized a €60 million bond issue
in the form of a private placement with Barings.
As part of its debt reduction plan and in a
context of strong business recovery, Vranken-Pommery Monopole is
securing a significant part of its debt with a €60 million ten-year
bond at 2.67%.
By diversifying its sources of financing,
Vranken-Pommery Monopole Group demonstrates its long-term
attractiveness to leading international investors interested in its
commitment to sustainable development. The vineyards of Provence
and Camargue are classified as "Organic", and the vineyards of
Champagne as "VDC".
This document does not constitute an offer of
securities in the United States of America. The securities
mentioned in this document have not been and will not be registered
under the U.S. Securities Act of 1933 and may not be offered or
sold in the United States of America except pursuant to
registration or an exemption from registration. There will be
no public offering in the United States in connection with this
transaction.
Next releasePublication of 2021
annual turnover: 27 January 2022 after stock exchange closing
About Vranken-Pommery
MonopoleVranken-Pommery Monopole manages 2,600 hectares of
land, owned outright or under lease and spread over four vineyards
in Champagne, Provence, Camargue and Douro. The group’s wine-making
activities range from production to marketing, with a strong
commitment to the promotion of terroirs, sustainable wine-growing
and environmental conservation.Its brand portfolio includes:
- Champagne : Vranken, Pommery & Greno, Heidsieck & Co
Monopole, Charles Lafitte and Bissinger & Co;
- Ports and Douro Wines : Rozès and Sao Pédro port wines and the
Terras do Grifo Douro wines;
- Camargue : Domaine Royal de Jarras and Pink Flamingo Camargue
wines
- Provence : Château La Gordonne Provence and Chapelle Gordonne
wines;
- Sparkling wines : Louis Pommery California, Louis Pommery
England, Brut de France and Pink Flamingo sparkling wines.
Vranken-Pommery Monopole is listed on NYSE
Euronext (Paris and Brussels).(Codes “VRAP” (Paris), and “VRAB”
(Brussels); ISIN: FR0000062796).
Contacts
Vranken-Pommery Monopole : Franck Delval,
Directeur des Contrôles Financiers+33 3 26 61 62 34,
comfi@vrankenpommery.fr |
PresseLaurent Poinsot, +33 1 53 70 74 77,
lpoinsot@image7.frCaroline Simon, +33 1 53 70 74 65,
caroline.simon@image7.fr |
- Press release VPM 60 M€ USPP
- Press release VPM 60 M€ USPP
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