Successful New Bond Issue for Legrand
October 04 2017 - 12:11PM
Business Wire
Regulatory News:
NOT FOR DISTRIBUTION IN THE UNITED STATES,
JAPAN, CANADA OR AUSTRALIA
Legrand (Paris:LR) today successfully launched a bond issue for
a total of €400 million with a 6-year maturity. The maturity date
is October 9, 2023 and its annual coupon 0.5%.
This bond issue completes the refinancing operations of Legrand,
allowing it to extend the maturity of its debt profile.
The issue’s full success, with the order book oversubscribed
close to four times, demonstrates once again investors’ confidence
in the soundness of Legrand’s business model as well as the quality
of its financial structure.
------------------------
KEY FINANCIAL DATES
- 2017 nine-month results: November 7,
2017“Quiet period1” starts October 7, 2017
- 2017 annual results: February 8,
2018“Quiet period1” starts January 9, 2018
- General Meeting of Shareholders: May
30, 2018
ABOUT LEGRAND
Legrand is the global specialist in electrical and digital
building infrastructures. Its comprehensive offering of solutions
for commercial, industrial and residential markets makes it a
benchmark for customers worldwide. Drawing on an approach that
involves all teams and stakeholders, Legrand is pursuing its
strategy of profitable and sustainable growth driven by
acquisitions and innovation, with a steady flow of new
offerings—including Eliot* connected products with enhanced value
in use. Legrand reported sales of more than €5 billion in 2016. The
company is listed on Euronext Paris and is a component stock of
indexes including the CAC 40, FTSE4Good, MSCI World, Corporate
Oekom Rating, Vigeo Euronext Eurozone 120, Europe 120 and France
20, and Ethibel Sustainability Index Excellence.(ISIN
FR0010307819).http://www.legrand.com
*Eliot is a program launched in 2015 by
Legrand to speed up deployment of the Internet of Things in its
offering. A result of the group’s innovation strategy, the Eliot
program aims to develop connected and interoperable solutions that
deliver lasting benefits to private individual users and
professionals.
http://www.legrand.com/EN/eliot-program_13238.html
This announcement is not an offer of the bonds for sale in the
United States. The bonds may not be offered or sold in the United
States or to, or for the account or the benefit of U.S. Persons (as
defined in Regulation S of the US Securities Act of 1933, as
amended, the “Securities Act”) without registration except
pursuant to an ex exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act. Legrand
has not registered and does not intend to register all or any part
of the offering in the United States or to conduct a public
offering in the United States.
1 Period of time when all communication is suspended in the
run-up to publication of results.
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version on businesswire.com: http://www.businesswire.com/news/home/20171004006037/en/
Investor relationsLegrandFrançois Poisson, Tel: +33 (1)
49 72 53 53francois.poisson@legrand.frorPress
relationsPublicis ConsultantsVilizara LazarovaTel: +33 (0)1 44
82 46 34Mob: +33 (0)6 26 72 57
14vilizara.lazarova@consultants.publicis.frorEloi PerrinTel: +33
(0)1 44 82 46 36Mob: +33 (0)6 81 77 76
43eloi.perrin@consultants.publicis.fr
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