Successfull launch of a bond offering

RNS Number : 6640Y

Compagnie de Saint-Gobain

06 March 2017

PRESS RELEASE

March 6, 2017

Saint-Gobain successfully launches a bond offering for EUR 750 million, 8 year maturity, 1% coupon

Compagnie de Saint-Gobain today set the terms of an 8 year bond issue for an amount of EUR 750 million with an annual coupon of 1%.

Saint-Gobain took advantage of the favourable conditions on the credit market to lengthen the average maturity of its debt and optimise its average cost of funding.

The orderbook totalled more than EUR 2.5 billion from over 180 investors, which underlines bond investors' confidence in the credit quality of Saint-Gobain.

Saint-Gobain's long-term senior debt is rated BBB by Standard & Poor's and Baa2 by Moody's.

Citi, Commerzbank, MUFG, NatWest Markets, Santander GCB and UniCredit acted as lead managers for this bond issue.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€39.1 billion in sales in 2016

Operates in 67 countries

More than 170,000 employees

www.saint-gobain.com
@saintgobain