AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

Kering Capital/Financing Update 2017

Mar 28, 2017

1459_iss_2017-03-28_e62cd0d1-7c47-412d-bcf3-c1268cffbec9.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

PRESS RELEASE

28.03.2017

KERING : €300m BOND ISSUE

Kering has issued a €300m, 1.50% fixed-rate bond maturing in 10 years.

This issue, in line with the Group's active liquidity management, enables Kering to diversify its sources of financing and to enhance its funding flexibility through refinancing of existing debt and extension of their average maturity.

The great success of this issue with investors confirms the confidence of the market in the creditworthiness of the Group. Kering's long-term debt is rated "BBB" with stable outlook by Standard & Poor's.

The placement is managed Société Générale CIB, Crédit Agricole CIB, Mizuho, Mitsubishi UFJ Financial Group, Natixis, Santander.

About Kering

A global Luxury group, Kering develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin and Ulysse Nardin. Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra. By 'empowering imagination', Kering encourages its brands to reach their potential, in the most sustainable manner.

Press
Emilie Gargatte	+33 (0)1 45 64 61 20	[email protected]
Renato Martinelli	+33 (0)1 45 64 66 00	[email protected]
Analysts/investors
Claire Roblet	+ 33 (0)1 45 64 61 49	[email protected]
Andrea Beneventi	+ 33 (0)1 45 64 63 28	[email protected]