SUEZ Paris, May 5 2020 - 6:45 pm
SUEZ SUCCESSFULLY COMPLETED A 750M€ SENIOR BOND ISSUE
WITH A 15 YEAR MATURITY
SUEZ successfully launched a new 15yr 750M€ senior bond issue bearing a coupon of 1.250% per year and maturing on May 14 2035. It corresponds to the lowest coupon ever achieved by SUEZ for a long dated issuance of 15yr and above.
The Group's average cost of debt was 3.95% in 2019 and the last public issue executed by SUEZ was the 7yr 850M€ senior bond, printed in March 2020, with a 1.25% coupon.
This transaction effectively contributes to both cost of funding reduction and debt duration extension for SUEZ while reinforcing its liquidity position.
Joint Lead Managers on the transaction were Citigroup, HSBC, RBC Capital Markets, UniCredit Bank, as well as well as BBVA, CaixaBank, CM-CIC and ING.
The prospectus of the new issue is available on the group's website (www.suez.com].
About SUEZ
With 90,000 people on the five continents, SUEZ is a world leader in smart and sustainable resource management. We provide water and waste management solutions that enable cities and industries optimize their resource management and strengthen their environmental and economic performances, in line with regulatory standards. With the full potential of digital technologies and innovative solutions, the Group treats over 45 million tons of waste a year, produces 4.4 million tons of secondary raw materials and 7.7 TWh of local renewable energy. It also secures water resources, delivering wastewater treatment services to 66 million people and reusing 1.1 billion m3 of wastewater. SUEZ generated total revenues of 18.0 billion euros in 2019.
SUEZ contacts | ||
Press | Analysts/Investors | |
Isabelle Herrier Naufle | Mathilde Rodié/Cécile Combeau | |
isabelle.herrier.naufle@suez.com | +33 6 32 13 70 17/ +33 6 32 35 01 46 | |
+33 6 83 54 89 62 | ||
Julien Bachelet | ||
Julien.bachelet@suez.com | ||
+33 6 31 87 11 26 | ||
Find out more about SUEZ Group | ||
on the website & on social media | ||
SUEZ | Page 1 sur 1 |
Head Office: Tour CB21 - 16, Place de l'Iris, 92040 Paris La Défense Cedex, France - Tel: +33 (0)1 58 81 20 00 - www.suez.com |
Limited Liability Company with a share capital of €2,513,450,316 - Siren (French business administration number) 433 466 570 RCS Nanterre - VAT FR 76433 466 570
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Suez SA published this content on 05 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 May 2020 12:49:03 UTC
