Lagardère Places a Seven-year Bond Issue For €500 Million

Fecha : 09/10/2019 @ 10:45
Fuente : Business Wire
Emisora : Lagardere SCA (MMB)
Cotización : 19.82  -0.07 (-0.35%) @ 10:39
Lagardere SCA Cotización de acciones Gráfica

Lagardère Places a Seven-year Bond Issue For €500 Million

Lagardere SCA (EU:MMB)
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1 mes : De Sep 2019 a Oct 2019

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Regulatory News:

Lagardère (Paris:MMB) has today placed a €500 million, seven-year bond issue due in October 2026 and paying an annual coupon of 2.125%.

This new bond issue will enable Lagardère to extend the average maturity of its debt profile and to maintain its liquidity.

Crédit Agricole CIB acted as the global coordinator on the issue, alongside BNP Paribas, Santander, Société Générale, Citi and Mizuho Securities as bookrunners.

***

Until recently, the Lagardère group was structured into four business divisions: Lagardère Publishing, Lagardère Travel Retail, Lagardère Sports and Entertainment and Lagardère Active. In 2018, the Group launched its strategic refocusing around two priority divisions: Lagardère Publishing and Lagardère Travel Retail. Lagardère shares are listed on Euronext Paris. www.lagardere.com

Important Notice: Some of the statements contained in this document are not historical facts but rather are statements of future expectations and other forward-looking statements that are based on management’s beliefs. These statements reflect such views and assumptions prevailing as of the date of the statements and involve known and unknown risks and uncertainties that could cause future results, performance or future events to differ materially from those expressed or implied in such statements. Please refer to the most recent Reference Document (Document de référence) filed by Lagardère SCA with the French Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties. Lagardère SCA has no intention and is under no obligation to update or review the forward-looking statements referred to above. Consequently Lagardère SCA accepts no liability for any consequences arising from the use of any of the above statements.

Press Contacts Thierry FUNCK-BRENTANO Tel: +33 1 40 69 16 34 tfb@lagardere.fr

Ramzi KHIROUN Tel: +33 1 40 69 16 33 rk@lagardere.fr

Investor Relations Contact Florence LONIS Tel. +33 1 40 69 18 02 flonis@lagardere.fr

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