FAURECIA ENTIRELY REFINANCED THE HELLA ACQUISITION THROUGH PRICING AN ADDITIONAL €250 MILLION OF SUSTAINABILITY-LINKED SENIOR NOTES
The proceeds of the issuance of the New Notes will be used to fully reimburse the Bridge-to-Bond and the Bridge-to-Equity in connection with the HELLA acquisition and for general corporate purposes.
An application will be made to list the New Notes on Euronext Dublin (
The settlement of the New Notes is expected to occur on
Olivier DURAND, Group CFO, declared:
“We are very pleased with the outcome of this private placement. It allows us to complete the reimbursement of the Bridge-to-Bond and the Bridge-to-Equity related to the acquisition of HELLA. We did it ahead of deadlines and at a reasonable average cost.”
IMPORTANT NOTICE
This document is not an offer of securities for sale in
It may be unlawful to distribute this document in certain jurisdictions. This document is not for distribution in
Promotion of the Notes in the
The offer and sale of the Notes will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of securities. This announcement does not constitute a prospectus within the meaning of the Regulation EU 2017/1129 (the "Prospectus Regulation") or an offer to the public.
MiFID II professionals/ECPs-only/No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as the Notes are not available to retail investors in EEA.
MiFIR professionals/ECPs-only/No
Neither the content of Faurecia’s website nor any website accessible by hyperlinks on Faurecia’s website is incorporated in, or forms part of, this announcement. The distribution of this announcement into any jurisdiction may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, no money, securities or other consideration will be accepted.
Attachment
- 20230118
Faurecia announces finalizing the HELLA acquisition refinancing
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