AI Air Liquide SA

Regulatory News:

Air Liquide (Paris:AI):

This transaction, largely oversubscribed by investors, was executed under the Group's Euro Medium Term Note (EMTN) programme. With this issuance, Air Liquide is raising EUR1 billion, including EUR500 million with a 5-year maturity at a yield of 1.022% and EUR500 million with a 10-year maturity at a yield of 1.47%.

Proceeds from this issuance will allow the Group to refinance its June 2020 bond maturities in advance and will secure financing to support long term profitable growth.

This issue will be rated << A- >> by Standard & Poor's and << A3 >> by Moody's.

Fabienne Lecorvaisier, Executive Vice President Finance and Operations Control, commented "In a more difficult environment and despite numerous uncertainties, this success demonstrates that the resilience of Air Liquide's business model is well understood by the markets. It reinforces our liquidity position and allows us to confidently face the current situation."

 
A world leader in gases, technologies and services for Industry and Health, 
Air Liquide is present in 80 countries with approximately 67,000 employees and 
serves more than 3.7 million customers and patients. Oxygen, nitrogen and 
hydrogen are essential small molecules for life, matter and energy. They 
embody Air Liquide's scientific territory and have been at the core of the 
company's activities since its creation in 1902. Air Liquide's ambition is to 
be a leader in its industry, deliver long term performance and contribute to 
sustainability. The company's customer-centric transformation strategy aims at 
profitable, regular and responsible growth over the long term. It relies on 
operational excellence, selective investments, open innovation and a network 
organization implemented by the Group worldwide. Through the commitment and 
inventiveness of its people, Air Liquide leverages energy and environment 
transition, changes in healthcare and digitization, and delivers greater value 
to all its stakeholders. Air Liquide's revenue amounted to 22 billion euros in 
2019 and its solutions that protect life and the environment represented more 
than 40% of sales. Air Liquide is listed on the Euronext Paris stock exchange 
(compartment A) and belongs to the CAC 40, EURO STOXX 50 and FTSE4Good 
indexes. 
 

www.airliquide.com

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200326005647/en/

 
    CONTACT: Media Relations 

media@airliquide.com

+33 (0)1 40 62 58 49

Investor Relations

IRTeam@airliquide.com

Group Financing & Treasury

Guillaume Serey

+33 (0)1 40 62 51 78

Aude Revel

+33 (0)1 40 62 56 64

 
    SOURCE: Air Liquide 
Copyright Business Wire 2020 
 

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March 26, 2020 14:51 ET (18:51 GMT)

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