Issue of Debt
January 15 2009 - 9:03AM
UK Regulatory
TIDMCOD
RNS Number : 7158L
Compagnie de Saint-Gobain
15 January 2009
January 14, 2009
SUCCESSFUL LAUNCH OF A 5 1/2 YEAR, EUR 1 BILLION
BOND OFFERING (annual coupon of 8.25%)
Compagnie de Saint-Gobain today set the terms of its new EUR 1 billion 5 � year
bond issue with an annual coupon of 8.25%.
This bond issue will serve to refinance existing debt and will allow
Saint-Gobain to increase the average maturity of its debt.
The transaction underlines bond investors' confidence in the credit quality of
Saint-Gobain, whose last issuance on the Euro bond market took place in
September 2008.
Saint-Gobain's long-term senior debt is rated BBB+ by Standard & Poor's and Baa1
by Moody's.
BNP Paribas, CALYON Cr�dit Agricole CIB, J.P.Morgan and Soci�t� G�n�rale
Corporate & Investment Banking acted as lead managers for this bond issue, with
BBVA, Banco Santander, Citi and Commerzbank Corporate and Markets acting as
co-lead managers.
+-----------------------------------------+------------------------------------+
| Analyst/Investor relations | Press relations |
+-----------------------------------------+------------------------------------+
| Florence Triou-Teixeira +33 1 47 62 45 | Sophie Chevallon +33 1 47 62 30 48 |
| 19 | |
| Etienne Humbert +33 1 47 62 | |
| 30 49 | |
| Vivien Dardel +33 1 47 | |
| 62 44 29 | |
| | |
+-----------------------------------------+------------------------------------+
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