Saint-Gobain further reinforces its financing: EUR1.5 billion bond issue and syndicated credit line adjusted to EUR2 billion
(WorldNews Environment)

PRESS RELEASE March 30, 2020 SAINT-GOBAIN FURTHER REINFORCES ITS FINANCING: 1.5 BILLION BOND ISSUE AND SYNDICATED CREDIT LINE ADJUSTED TO EUR2 BILLION On March 26, Saint-Gobain launched a dual tranche EUR1.5 billion bond issue consisting of: EUR750 million with a 3 year maturity and a 1.75% coupon EUR750 million with a 7 1/2 year maturity and a 2.375% coupon Despite the volatile context, the final order book totalled over EUR8 billion from over 300 investors, which underlines...