Vivendi Places a €850 Million Bond
September 11 2017 - 12:06PM
Business Wire
Regulatory News:
Vivendi (Paris:VIV) today successfully placed a €850 million
bond, benefiting from favorable market conditions.
This euro-denominated bond is fixed-rate, has a 7-year term and
a coupon of 0.875%, and was issued at a price of 99.367%,
corresponding to a yield of 0.969%. The average maturity of
Vivendi’s bond debt is 5.3 years.
Reflecting the markets’ confidence in Vivendi, the bond was
nearly 3x oversubscribed and was placed with institutional
investors.
About VivendiVivendi is an integrated content, media and
communications group. The company operates businesses throughout
the media value chain, from talent discovery to the creation,
production and distribution of content. Universal Music Group is
the world leader in music, engaged in recorded music, music
publishing and merchandising. It owns more than 50 labels covering
all music genres. Canal+ Group is the leading pay-TV operator in
France, also engaged in Africa, Poland and Vietnam. Its subsidiary
Studiocanal is the leading European player in production, sales and
distribution of movies and TV series. Havas Group is one of the
world’s largest global communications group. It is organized
in three main business segments covering all the
communications disciplines: creativity, media expertise and
healthcare/wellness. Gameloft is a worldwide leader in mobile
games, with 2 million games downloaded per day. Vivendi Village
brings together the Paddington brand’s licensing activities,
Vivendi Ticketing (in the United Kingdom, the United States and
France), MyBestPro (expert counseling), the venues L’Olympia and
Theâtre de L‘Œuvre in Paris, and CanalOlympia in Africa, as well as
Olympia Production. With 300 million unique users per month,
Dailymotion is one of the biggest video content aggregation and
distribution platforms in the world. www.vivendi.com,
www.cultureswithvivendi.com
Important disclaimerDisclaimer Forward Looking
Statements. This press release contains forward-looking statements
with respect to Vivendi`s financial condition, results of
operations, business, strategy and plans. Although Vivendi believes
that such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance. Actual results may differ materially from the
forward-looking statements as a result of a number of risks and
uncertainties, many of which are outside our control, including but
not limited to the risks described in the documents Vivendi has
filed with the Autorité des Marchés Financiers (French securities
regulator) and which are also available in English on our web site
(www.vivendi.com). Investors and security holders may obtain a free
copy of documents filed by Vivendi with the Autorité des Marchés
Financiers at www.amf-france.org, or directly from Vivendi. The
present forward-looking statements are made as of the date of this
press release.Unsponsored ADRs. Vivendi does not sponsor an
American Depositary Receipt (ADR) facility in respect of its
shares. Any ADR facility currently in existence is “unsponsored”
and has no ties whatsoever to Vivendi. Vivendi disclaims any
liability in respect of such facility.The bond will be listed on
the Euronext Paris market.
NOT FOR PUBLICATION,
DISSEMINATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY,IN THE UNITED STATES
OF AMERICA, CANADA, JAPAN, AUSTRALIA, ITALY OR ANY
OTHERJURISDICTION IN WHICH THE
DISTRIBUTION OR DISSEMINATION OF SUCH A RELEASE
ISUNLAWFUL
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