Group 1 - Wendel has successfully placed a €500 million bond issue maturing in August 2033 with an interest rate of 3.75% [1] - The bond issue was well received, being more than 5.2 times oversubscribed [1] - The net proceeds will be used to finance the early redemption of a previous bond with a 2.50% interest rate maturing in February 2027, which has an outstanding nominal amount of €500 million [1][2] Group 2 - Key features of the bond issue include a total amount of €500 million, a maturity date of August 11, 2033, an issue price of 99.850%, a yield to maturity of 3.772%, and a coupon rate of 3.75% [3] - The bond will be listed on Euronext Paris, with Crédit Agricole CIB, Crédit Industriel et Commercial, Mediobanca, Natixis, and Société Générale serving as bookrunners [3]
WENDEL: Successful issue of €500 million 8-year bond bearing interest at 3.75%