Legrand announced today that it has signed a new agreement amending and extending the syndicated
multi-currency loan initially signed in October 2011, then modified in July 2014, with all banks previously party to this contract.

Under this agreement, the maximum maturity of this €900 million revolving credit line is extended by five and a half years - i.e., until December 2026 - at improved financial conditions compared with July 2014.

Legrand is confirming its CSR1 commitment by introducing a non-financial performance criterion for the margin computation, which will now be adjusted each year to reflect the Group's CSR1 roadmap achievement rate.

1 CSR: Corporate Social Responsibility.

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Legrand SA published this content on 13 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2020 18:32:01 UTC