Capital/Financing Update • Oct 22, 2008
Capital/Financing Update
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Today GDF SUEZ successfully issued a 20-year £ 500 million bond transaction, i.e. about 640 EUR million.
The issue comes after the great success of the placements on the euro bond market of a 5-year EUR 1 billion tranche and one 10-year EUR 900 million tranche. These placements illustrate the willingness of the Group to be a regular issuer on the various credit market. These issues are in line with the dynamic and active liquidity management policy of the Group. The succes of these transactions confirm the market confidence in the long term prospects of the Group and the creditworthiness of GDF SUEZ as an issuer.
The bond issue carries a coupon of 7% and matures on October 30, 2028. It is the very first issue of the Group on the GBP market.
These new borrowings lead to extending the average maturity of the Group's debt while sustaining its strong level of liquidity.
The transaction was jointly lead managed by HSBC and RBS.
One of the leading energy providers in the world, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream to downstream. It develops its businesses (energy, energy services and environment) around a responsible-growth model to take up the great challenges: responding to energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. GDF SUEZ relies on diversified supply sources as well as flexible and high-performance power generation in order to provide innovative energy solutions to individuals, cities and businesses. The Group employs 196,500 people worldwide and achieved revenues of €74,3 billion in 2007. GDF SUEZ is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone.
Tel France: +33 (0)1 47 54 24 35 Tel Belgium: +32 2 510 76 70 E-Mail: [email protected]
Tel: +33 (0)1 40 06 66 29 E-Mail: [email protected]
GDF SUEZ CORPORATE HEADQUARTERS 22, rue du Docteur Lancereaux - 75392 Paris Cedex 08 - France Tel. +33 (0)1 57 04 00 00 GDF SUEZ - SA WITH A CAPITAL OF 2,191,532,680 EUROS - RCS PARIS 542 107 651 www.gdfsuez.com
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