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Getlink SE — Capital/Financing Update 2017
May 10, 2017
1366_iss_2017-05-10_ed3e62c4-8956-4fa9-914d-cae5e6c34530.pdf
Capital/Financing Update
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GET 2017/25
10 May 2017
For immediate release
Groupe Eurotunnel's refinancing of Tranche C: ratings are confirmed
Moody's has assigned Baa2 ratings, outlook stable, to proposed new CLEF1 Notes and reaffirms Baa2 corporate rating to Eurotunnel, outlook stable.
S&P has assigned preliminary BBB+ ratings, outlook stable to the proposed new CLEF Notes.
Fitch has assigned Expected BBB ratings, outlook stable to the proposed new CLEF Notes.
Fitch and S&P will confirm their final opinion once pricing has been completed.
Eurotunnel Contacts: For UK media enquiries contact For other media enquiries contact Email: [email protected]
For investor enquiries contact: Jean-Baptiste Roussille on +33 (0)1 40 98 04 81 Michael Schuller on +44 (0) 1303 288749 Email: [email protected] Email: [email protected]
John Keefe on + 44 (0) 1303 284491 Anne-Laure Desclèves on +33(0)1 4098 0467
Important disclaimer:
The securities referred to in this release have not been and will not be registered under the US Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
1 The issuer of this new debt is Channel Link Enterprises Finance plc (CLEF). The proceeds of any issuance of these notes will ultimately be used by Eurotunnel to refinance the existing sterling and euro tranches of floating rate debt, pay related hedge break costs and associated transaction cost. The tranche C of floating rate debt being refinanced corresponds to the A3 and A4 floating rate notes issued by CLEF.