AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Legrand

Capital/Financing Update Jun 19, 2024

1478_iss_2024-06-19_b364804d-8559-43d2-a991-f132c3cee8a5.pdf

Capital/Financing Update

Open in Viewer

Opens in native device viewer

PRESS RELEASE

Limoges, June 19, 2024

Legrand announces a €600 million bond issue maturing in 2034

Legrand today completed a fixed-rate bond issue for an amount of €600 million with a 10-year maturity and an annual coupon of 3.5%.

This operation raises the average maturity of bond debt to 5.3 years, with the next repayment date set for July 6, 2024 for an amount of €500 million.

The success of this issue, subscribed 5.5 times over, demonstrates once again investor confidence in the soundness of Legrand's development model.

TO CONFIRM YOUR ATTENDANCE AT OUR CAPITAL MARKETS DAY IN LONDON ON SEPTEMBER 24, CLICK HERE.

------------------------

PRESS RELEASE

KEY FINANCIAL DATES

- 2024 first-half results July 31, 2024 "Quiet period1

  • 2024 nine-month results November 7, 2024 "Quiet period1

" starts July 1, 2024 • 2024 Capital Markets Day September 24, 2024 – London (UK) " starts October 8, 2024

ABOUT LEGRAND

Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial and residential markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings—including products with enhanced value in use (faster expanding segments: datacenters, connected offerings and energy efficiency programs). Legrand reported sales of €8.4 billion in 2023. The company is listed on Euronext Paris and is notably a component stock of the CAC 40, CAC 40 ESG and CAC SBT 1.5 indexes. (code ISIN FR0010307819).

https://www.legrandgroup.com

INVESTOR RELATIONS & FINANCIAL COMMUNICATION

Ronan MARC (Legrand) +33 1 49 72 53 53 [email protected]

PRESS RELATIONS

Tiphaine RAFFRAY (TBWA) +33 6 58 27 78 98 [email protected]

Disclaimer

The securities mentioned in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any other jurisdiction. They may not be offered or sold in the United States of America or to, or for the account of or for the benefit of, U.S. persons (as defined in Regulation S of the Securities Act), without registration except pursuant to an exemption from, or a transaction not subject to, the Securities Act. Legrand does not intend to register the offering, in whole or in part, in the United States or to conduct a public offering in the United States.

This press release is not a prospectus for the purposes of the Regulation (EU) 2017/1129.

1 Period of time when all communication is suspended in the run-up to publication of results

Talk to a Data Expert

Have a question? We'll get back to you promptly.