Capital/Financing Update • Feb 14, 2012
Capital/Financing Update
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Nanterre, February 14, 2012
Faurecia announced today the successful pricing and execution of an additional €140 million in aggregate principal amount of its 9.375% Senior Notes due 2016.
The additional Notes will be issued at 107.5% of par value, plus accrued interest and at a yield to maturity of 7.48%. An application has been made to list the additional Notes on the Luxemburg Stock Exchange (Euro MTF). The issue of the additional Notes is expected to occur on February 21, 2012. The additional Notes will be fully fungible with the existing Notes after March 25, 2012, i.e. 40 days after commencement of the offering.
Faurecia had successfully issued in November 2011 €350 million of Notes maturing in December 2016, which were listed the Euro MTF market on November 9, 2011.
Crédit Agricole CIB and Natixis acted as Joint Global Coordinators and Joint Bookrunners for the additional Notes offering. BNP Paribas and Société Générale Corporate & Investment Banking acted as Joint Bookrunners. Citibank acted as Co-Manager.
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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 2011, the Group posted total sales of €16.2 billion. At December 31, 2011, Faurecia employed 84,200 people in 33 countries at 270 sites and 40 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange. For more information, visit: www.faurecia.fr
Press Olivier Le Friec Media Relations Manager Tel: +33 (0)1 72 36 72 58 Mob: +33 (0)6 76 87 30 17 [email protected] Analysts/Investors Eric-Alain Michelis Investor Relations Director Tel: +33 (0)1 72 36 75 70 Mob: +33 (0)6 64 64 61 29 [email protected]
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