Groupe SEB: Successful New Bond Issue: €500 Millions, 5 Years

ECULLY, France--(BUSINESS WIRE)-- Regulatory News:

In a context of active liquidity management, Groupe SEB (Paris: SK) 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.

Find us on… www.groupeseb.com

World reference in small domestic equipment, Groupe SEB operates with a unique portfolio of 30 top brands including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, marketed through multi-format retailing. Selling more than 350 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness and service to clients. With products being present in over 150 countries, Groupe SEB generated sales of approximately €7.3 billion in 2019 and had more than 34,000 employees worldwide.

SEB SA ■
SEB SA - N° RCS 300 349 636 RCS LYON – with a share capital of €50,307,064 – Intracommunity VAT: FR 12300349636

View source version on businesswire.com: https://www.businesswire.com/news/home/20200609005720/en/

Investor/Analyst Relations
Groupe SEB
Financial Communication and Investor Relations
Isabelle Posth
Raphaël Hoffstetter
[email protected]
+33 (0) 4 72 18 16 04

Media Relations
Groupe SEB
Corporate Communication Dept
Cathy Pianon
Caroline Philips
[email protected]
+33 (0) 6 33 13 02 00
+33 (0) 6 49 82 28 45

Image Sept
Caroline Simon
Claire Doligez
Isabelle Dunoyer de Segonzac
[email protected]
[email protected]
[email protected]
+33 (0) 1 53 70 74 70

Source: Groupe SEB

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