VALEO GROUP
12 June 2018
5 min
Valeo Group
Paris, June 11, 2018 – Valeo announced the placement of 600 million euros’ worth of new bonds with maturity in June 18, 2025.
This bond issue enabled the placement in favorable conditions of 600 million euros’ worth of bonds with 7-year maturity and a coupon of 1.50%. BNP Paribas, Citi, Crédit Agricole CIB, HSBC and Natixis were joint leader managers on this transaction. The net proceeds of the transaction will be used for financing general corporate purposes.
