VINCI — Capital/Financing Update 2018

Jan 11, 2018

Rueil-Malmaison, 11 January 2018

ASF successfully issues a €1 billion 12-year bond

ASF (Autoroutes du Sud de la France) has successfully issued a €1 billion bond due to mature in January 2030 and carrying an annual coupon of 1.375 %.

The bond was 1.5 times oversubscribed, confirming investor confidence in ASF's credit quality. The company is rated A- by Standard & Poor's and A3 by Moody's, with stable outlook.

The issue forms part of ASF's EMTN programme and is intended to refinance ASF's existing debt. It enables the company to take advantage of excellent market conditions in order to continue optimising the cost of its debt and extend its average maturity.

The joint bookrunners for the deal were: BNP Paribas, Deutsche Bank, Mizuho, Natixis, NatWest Markets, and SMBC Nikko.

About VINCI

VINCI is a global player in concessions and construction, employing more than 183, 000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.

www.vinci.com

PRESS CONTACT VINCI Press department Tel.: +33 1 47 16 31 82 Media.relations@vinci.com