ALSTOM SA : Alstom announces the success of a two-tranche senior bond issuance for a total amount of €1.2 billion with matu...
July 20 2021 - 1:46PM
ALSTOM SA : Alstom announces the success of a two-tranche senior
bond issuance for a total amount of €1.2 billion with maturities
across 6 and 9 years
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION
DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON OR ANY PERSON LOCATED IN
THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION WHERE IT
IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS
RELEASE.
Alstom announces the success of a
two-tranche senior
bond issuance for a total amount
of
€1.2
billion with maturities
across 6 and
9 years
20 July
2021
Alstom has today successfully carried out the issuance of two
tranches of senior unsecured bonds for a total of €1.2 billion at
excellent financial conditions.
The 6-year tranche amounts to €500 million with
a fixed coupon of 0.125% payable annually.The 9-year tranche
amounts to €700 million with a fixed coupon of 0.5% payable
annually.
The order book was oversubscribed by more than
2.4 times. The success of the transaction demonstrates strong
support for Alstom’s strategy. The proceeds of the issue of the
bonds will be used for general corporate purposes.
The settlement date will be on 27 July 2021 and
on such date the bonds will be listed and admitted to trading on
the regulated market of Euronext Paris.
Moody's Investors Service (Nordics) AB
("Moody's") confirmed Alstom’s long-term Baa2
rating with a revised outlook from stable to negative on 12 July
2021. The bonds will therefore be rated Baa2 by Moody's.
The bond issue was made by a syndicate of banks:
BNP Paribas, Crédit Agricole Corporate and Investment Bank, HSBC
Continental Europe and Société Générale as global coordinators;
MUFG Securities (Europe) N.V, Natixis and Unicredit Bank AG as
active bookrunners; Banco Bilbao Vizcaya Argentaria, S.A,
Commerzbank Aktiengesellschaft, Deutsche Bank Aktiengesellschaft as
passive bookrunners on the 6-year bond; Credit Industriel et
Commercial S.A, Intesa Sanpaolo S.P.A., Banco Santander, S.A. as
passive bookrunners on the 9-year bond.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION
DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON OR ANY PERSON LOCATED IN
THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION WHERE IT
IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS
RELEASE.
About
Alstom Leading societies to a low carbon future, Alstom
develops and markets mobility solutions that provide the
sustainable foundations for the future of transportation. Alstom’s
product portfolio ranges from high-speed trains, metros, monorail
and trams to integrated systems, customised services,
infrastructure, signalling and digital mobility solutions. Alstom
has 150,000 vehicles in commercial service worldwide. With
Bombardier Transportation joining Alstom on January 29, 2021, the
enlarged Group’s combined proforma revenue amounts to
€14 billion for the 12-month period ended March 31, 2021.
Headquartered in France, Alstom is now present in 70 countries and
employs more than 70,000 people. www.alstom.com
Contacts Press:Coralie
COLLET - Tél. : +33 (1) 57 06 18
81coralie.collet@alstomgroup.com
Samuel MILLER - Tel.: +33 (1) 57 06 67
74Samuel.miller@alstomgroup.com
Investor relations:Julie MOREL
- Tel.: +33 (6) 67 61 88 58Julie.morel@alstomgroup.com
Claire LEPELLETIER - Tel.: +33 (6) 76 64 33
06claire.lepelletier@alstomgroup.com
Disclaimer
This press release is for information purposes
only and is not an offer to sell securities or a solicitation to
buy securities in any jurisdiction. The securities mentioned in
this press release were not and will not be offered through a
public offering and no related documents will be distributed to the
public in any jurisdiction.
This press release does not constitute an offer
or sale of any securities in the United States or any jurisdiction
in which such offer, solicitation or sale would be unlawful under
the securities laws of any such jurisdiction. Securities may not be
offered or sold in the United States absent registration or an
exemption from registration under the U.S. Securities Act of 1933,
as amended. Alstom does not intend to register any of the
securities mentioned in this announcement in the United States or
to conduct a public offering of securities in the United
States.
This press release shall not be released,
published or distributed directly or indirectly to any U.S. Person
or in or into the United States (each as defined in Regulation S
under the U.S. Securities Act of 1933, as amended) or in any
jurisdiction where it is unlawful to release, publish or distribute
this press release.
- Alstom Regulated information_Bonds issuance_20210720_VF
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