Legrand today completed a fixed-rate bond issue for an amount of €600 million with a 10-year maturity and an annual coupon of 0.75%.

This operation raises the average maturity of bond debt to 6.7 years, with the next repayment date set for April 19, 2022, for an amount of €400 million.

The success of this issue, subscribed 3.2 times over, demonstrates once again investor confidence in the soundness of Legrand's development model.

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Legrand SA published this content on 12 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2020 18:54:04 UTC