In a context of active liquidity management, Groupe SEB today successfully issued a five-year €500
million bond (maturing June 16, 2025), with a 1.375% coupon.
The very strong orderbook reached more than €1,600m, attesting once again to investors' confidence in
Groupe SEB's strategy and outlook.
Groupe SEB's short-term debt is rated A2 by Standard & Poor's. Its long-term debt is unrated.
This new issue will enable Groupe SEB to strengthen its debt architecture through:
The permanent securing of the refinancing of a part of its debt
The extension of the average maturity of the debt
Attractive financing conditions.
The bond will be admitted to trading on NYSE Euronext Paris on June 16, 2020.
Joint lead managers for the issue are BNP Paribas, Crédit Agricole CIB, Citi, HSBC and Natixis. BNP
Paribas, Crédit Agricole CIB and Citi act as global coordinators.
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SEB SA published this content on 09 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2020 18:07:06 UTC