Capital/Financing Update • Dec 21, 2018
Capital/Financing Update
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Paris, December 21, 2018
Compagnie Plastic Omnium today completed a Schuldscheindarlehen (private placement under German law) for 300 million euros.
This is a 7-year private placement with a fixed coupon of 1.632%, without covenants or ratings.
The net proceeds of the issue will be used to meet the Group's general financing needs as part of its profitable and independent growth strategy. It will strengthen the Group's debt structure by extending the average maturity of its debt and diversifying its sources of financing.
Financial information Tel.: +33 (0)1 40 87 66 78 Fax: +33 (0)1 40 87 96 62 [email protected] Plastic Omnium is the world leader in intelligent automotive exterior systems, clean energy systems and automotive modules. The Group and its joint ventures employ more than 31,000 people in 122 plants, 24 R&D Centers and 26 countries worldwide, supplying 83 carmakers. Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).
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