Carried out as part of the Group's Euro Medium Term Note (EMTN) program, this transaction is divided into three tranches with maturities of 5, 8, and 12 years, at a weighted average interest rate of less than 1% per year.
The net proceeds from the issuance will be used to finance the Group's general needs.
According to Jérôme Pelletan, Chief Financial Officer of Air Liquide and member of its Executive Committee: "This inaugural multi-tranche bond issue in Swiss francs marks an important milestone in our financial diversification strategy. The strong success achieved demonstrates the confidence of a new base of leading investors in Air Liquide's business model and financial strength. It also highlights our financial agility in supporting the Group's long-term growth."
L'Air Liquide is one of the world leaders in industrial and medical gas production. Net sales break down by activity as follows:
- industrial and medical gases production (96.8%): oxygen, nitrogen, hydrogen, synthesized gases. The group also supplies control equipment and services for fluid systems, gas and liquid chemical management, home care and hospital hygiene services, and operating room equipment. Net sales break down by market as follows: industries (73.8%), healthcare (16.8%) and electronics (9.4%);
- other (3.2%): engineering activities related to gas production plant construction and high-tech product manufacturing.
Net sales are distributed geographically as follows: France (12.1%), Europe/Middle East/Africa (29.3%), the United States (33.4%), Americas (5.7%) and Asia/Pacific (19.5%).
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Investor
Investor
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Global
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Quality
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ESG MSCI
ESG MSCI
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