Capital/Financing Update • Apr 29, 2014
Capital/Financing Update
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NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN.
Paris, 29 April 2014
Nexity launched a bond issue in the form of a private placement for a total amount of €171 million, comprising one tranche of €25 million at an annual coupon rate of 3.252% maturing on 5 May 2020, and one tranche of €146 million at an annual coupon rate of 3.522% maturing on 5 May 2021.
This bond issue is in line with Nexity's active financial management policy whereby the Group aims to extend the maturity of its debt, benefit from current favourable interest rates, and secure the resources that will allow it to seize growth opportunities.
The bonds will be issued to French institutional investors.
The final prospectus (no. 14-170) was approved today by the Autorité des Marchés Financiers.
The placement agents for this issue are HSBC Bank plc, Natixis and Société Générale.
Settlement-delivery is planned for 5 May 2014. A request will be submitted for the bonds issued to be admitted for trading on NYSE Euronext Paris.
The information, assumptions and estimates that the Company could reasonably use to determine its objectives are subject to change or modification due notably to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks described in chapter 4 of the Document de Référence, filed with the AMF under number D.14-0304 on 8 April 2014 could have an impact on the Group's activities and the Company's ability to achieve its objectives. Accordingly, the Company cannot give any assurance as to whether it will achieve the objectives described, and makes no commitment or undertaking to update or otherwise revise this information.
This press release is for information only and does not constitute an offer or solicitation to purchase securities in any jurisdiction. The securities mentioned herein do not form part of an offer to the public and no related document will be distributed to the public in any jurisdiction.
The distribution, publication or release of this press release is strictly prohibited in all countries where such distribution, publication or release would be in violation of applicable laws and regulations. In particular, this press release may not be distributed or published, directly or indirectly, in the United States, Canada, Australia or Japan.
This press release may not be published, distributed or transmitted in the United States of America (including its territories and dependencies, any State of the United States of America and the District of Columbia). The securities mentioned herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), the law of any state of the United States of America and may not be offered or sold in the United States of America to U.S. persons except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act or the law of the above states. The Bonds will be offered or sold only outside of the United States of America and in offshore transactions, in accordance with Regulation S of the Securities Act. The Company does not intend to register any portion of the proposed offering in the United States of America and no public offering will be made in the United States of America.
Nexity offers the widest range of advice and expertise, products, services and solutions for private individuals, companies and local authorities, so as to best meet the needs of our clients and respond to their concerns.
Our businesses – transactions, management, development, urban regeneration, advisory and related services – are now all fully client focused, optimally organised to serve and support our clients. As the benchmark operator in our sector, we are resolutely committed to all of our clients, but also to the environment and society as a whole.
Nexity is listed on the SRD and on NYSE Euronext's Compartment A Member of the indices: SBF80, SBF120, CACMid60, CAC Mid & Small and CAC All Tradable Ticker: NXI - Reuters: NXI.PA - Bloomberg: NXI FP ISIN code: FR0010112524 ______
Nexity:
Blandine Castarède - Director of communication and brand strategy / +33 (0)1 85 55 10 89 - [email protected] Isabelle Sabah – Press contact / +33(0)1 85 55 13 31 – [email protected] Florence Hocdée-Leroy – Head of investor relations / +33 (0)1 85 55 15 49 - [email protected]
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