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Valeo announces the outcome of its 600 million euro bond issue with maturity in 2025

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.