Capital/Financing Update • May 15, 2012
Capital/Financing Update
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Neuilly-sur-Seine, France, May 15, 2012 – Bureau Veritas has today completed the placement of a 500 million euro bond issue. This inaugural 5-year unrated bond issued with a coupon of 3.75% has been successfully placed in a volatile market environment.
This transaction was largely oversubscribed and reflects investors' confidence in the strengths of Bureau Veritas' business model and credit profile.
It enables Bureau Veritas to diversify its financing sources and to support its growth strategy, in-line with the BV2015 strategic plan.
HSBC, Natixis, Société Générale, BNP Paribas and CM-CIC acted as Joint Bookrunners on this bond issue.
Bureau Veritas is a world leader in conformity assessment and certification services. Created in 1828, the Group has more than 54,000 employees in 940 offices and 340 laboratories located in 140 countries. Bureau Veritas helps its clients to improve their performances by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility.
Bureau Veritas is listed on the Euronext Paris and belongs to the Next 20 (Compartment A, code ISIN FR 0006174348, stock symbol: BVI). www.bureauveritas.com
Analysts/investors: Claire Plais: +33 (0)1 55 24 76 09 [email protected]
Véronique Gielec: +33 (0)1 55 24 76 01 [email protected]
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