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COFIROUTE successfully issued an 8-year €650 million bond
DGDollar(DG) GlobeNewswire·2025-02-27 16:45

Group 1 - COFIROUTE successfully issued an 8-year bond amounting to €650 million, maturing in March 2033 with an annual coupon of 3.125% [2] - The bond issue was oversubscribed at a ratio of 2.8x, indicating strong market confidence in COFIROUTE's credit ratings, which are rated A- with a stable outlook by Standard & Poor's [2] - The bond issuance was conducted under COFIROUTE's EMTN programme, allowing the company to extend its average debt maturity under favorable conditions in the current credit market [2] Group 2 - The joint bookrunners for the bond issuance included Crédit Agricole CIB and Société Générale as Global Coordinators, along with BBVA, CIC, HSBC, IMI-Intesa Sanpaolo, SMBC, Standard Chartered, and UniCredit [3] Group 3 - VINCI, the parent company of COFIROUTE, operates globally in concessions, energy, and construction, employing 285,000 people across more than 120 countries [4] - VINCI is committed to environmentally and socially responsible operations, aiming to create long-term value for customers, shareholders, employees, partners, and society [4]