Compagnie de Saint-Gobain — Capital/Financing Update 2018

Mar 13, 2018

National Storage Mechanism | Additional information

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RNS Number : 6158H

Compagnie de Saint-Gobain

13 March 2018

PRESS RELEASE

March 13, 2018

Saint-Gobain successfully launches a bond offering                                        for EUR 750 million, 8 year maturity, 1.125% coupon

Compagnie de Saint-Gobain today set the terms of an 8 year bond issue (maturity March 2026) for an amount of EUR 750 million with an annual coupon of 1.125%.

Saint-Gobain takes advantage of this operation to lengthen the average maturity of its debt, optimising at the same time its average cost of funding.

The final orderbook totalled close to EUR 1.4 billion from over 120 investors, which underlines bond investors' confidence in the credit quality of Saint-Gobain.

Saint-Gobain's long-term senior debt is rated BBB by Standard & Poor's and Baa2 by Moody's.

BNP Paribas, Deutsche Bank, Goldman Sachs International, ING, Morgan Stanley and Standard Chartered Bank acted as lead managers for this bond issue.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€40.8 billion in sales in 2017

Operates in 67 countries

More than 179,000 employees

www.saint-gobain.com 

@saintgobain

Analyst/Investor relations		Media relations
Vivien Dardel Florent Nouveau Floriana Michalowska	+33 1 47 62 44 29  +33 1 47 62 30 93  +33 1 47 62 35 98	Laurence Pernot Susanne Trabitzsch	+33 1 47 62 30 10  +33 1 47 62 43 25

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