Financial Results | 11 Mar, 2016 | 5 min

Valeo announces the outcome of its 600 million euro bond issue with maturity in March 18, 2026

Paris, March 11, 2016 – Valeo announced the placement of 600 million euros’ worth of new bonds with maturity in March 18, 2026.

 

This bond issue enabled the placement in favorable conditions of 600 million euros’ worth of bonds with 10-year maturity and a coupon of 1.625%. BNP Paribas, HSBC, MUFG, Natixis and Société Générale were joint leader managers on this transaction.

 

Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO? emissions and to the development of intuitive driving.
In 2014, the Group generated sales of 12.7 billion euros and invested over 10% of its original equipment sales in research and development. Valeo has 133 plants, 16 research centers, 34 development centers, 15 distribution platforms and employs 78,500 people in 29 countries worldwide.

Valeo is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
For more information about the Valeo Group and its activities, please visit our website www.valeo.com

For more information, please contact:
Valeo Media Relations
Tel.: +33 (0)1 40 55 21 75/37 18
press-contact.mailbox@valeo.com

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