Lagardère Places a Seven-year Bond Issue For €500 Million
October 09 2019 - 11:45AM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191009005566/en/
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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