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Rallye — Capital/Financing Update 2014
Mar 25, 2014
1619_iss_2014-03-25_3d76b4fd-cea1-4e7c-b9fd-413c768ef1fc.pdf
Capital/Financing Update
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RALLYE
Successful bonds tender offer
The tender offer launched on Monday March 17, 2014 by BNP Paribas allows Rallye to buyback €110.6m of both bonds maturing in January 2015 and November 2016. Bonds bought back by BNP Paribas through the tender offer will be transferred to Rallye, then cancelled.
Following this transaction, the principal amount of both bonds will be reduced to €389.4m.
This tender offer, together with the new 7-year bond issue of €500m launched on Monday March 17, enables to extend the average maturity of Rallye's bond debt to 4.5 years (from 3.1 years as of end of December 2013).
Banca IMI, BNP Paribas, CM-CIC, Société Générale, The Royal Bank of Scotland and UBS acted as joint bookrunners for the new issue. BNP Paribas and The Royal Bank of Scotland are in charge of the tender offer.
Pour plus d'informations, veuillez consulter le site internet de la société : www.rallye.fr
Contact Rallye : Franck HATTAB + 33 (0)1 44 71 13 73