Capital/Financing Update • Nov 4, 2011
Capital/Financing Update
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Nanterre, November 4, 2011
Faurecia today announces the success of the transactions launched on October 31, 2011.
These transactions, for an amount of €1.5 billion, include:
These two transactions will allow for the early repayment of the €250 million line of credit extended to Faurecia by Peugeot S.A. in parallel with its repayment of the existing syndicated credit facility.
This global debt refinancing enables Faurecia to extend its debt maturity profile, to diversify its funding sources and to obtain financing that is not subject to a covenant relating to Peugeot S.A.'s minimum shareholding interest. It will contribute to the continuation of the fast growth path of its activities on all automotive markets worldwide.
Faurecia is the world's sixth largest automotive equipment supplier with four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2010, the Group posted total sales of €13.8 billion. It employs 75,000 people in 33 countries at 238 sites and 38 R&D centers. Faurecia is listed on the NYSE Euronext Paris Stock Exchange. For more information, visit: www.faurecia.com
Media Olivier Le Friec Manager Media Relations Tel: +33 (0)1 72 36 72 58 Mob: +33 (0)6 76 87 30 17 [email protected] Analysts/Investors Eric-Alain Michelis Director Investor Relations Tel: +33 (0)1 72 36 75 70 Mob: +33 (0)6 64 64 61 29 [email protected]
1 BNP Paribas, Crédit Agricole Corporate & Investment Bank, Natixis and Société Générale Corporate & Investment Banking, as bookrunners; The Bank of Tokyo-Mitsubishi UFJ, Ltd., Crédit Mutuel-CIC, Commerzbank AG and HSBC France, as mandated lead arrangers; and Citigroup Global Markets Limited, as arranger.
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