Elis: €400 million note issuance
14 Março 2024 - 1:40PM
Elis: €400 million note issuance
Elis successfully priced a €400 million
note issuance under its EMTN
Programme
Saint-Cloud, March 14, 2024 –
Elis announces today that it has successfully priced the issue of
€400 million aggregate principal amount of senior unsecured notes
under its EMTN (Euro Medium Term Notes) Programme. The maturity of
the notes is 6 years and the notes carry a fixed annual coupon of
3.75%. The very positive response given to this issue, with a final
orderbook above €2.8 billion, which represents a subscription over
7 times, demonstrates the reinforced confidence from investors in
the Group’s business model resilience and strong outlook for
2024.
The net proceed of the issue would be mainly
dedicated to the refinancing of the €500 million aggregate
principal amount of notes due 03 April 2025. This transaction is
part of the Group’s active refinancing strategy and is in line with
further deleveraging.
The placement of the bonds was carried out by a
syndicate of eight banks: Banco Bilbao Vizcaya Argentaria, BNP
Paribas, Commerzbank, Deutsch Bank, HSBC, KBC, Natixis and Société
Générale.
This press release is not an offer to sell or a
solicitation of an offer to buy the securities mentioned herein in
any jurisdiction where such offer or sale would be unlawful. In
particular, this press release should not be published, distributed
or released in the United States, in Australia, in Canada or in
Japan. The distribution of this press release may be restricted by
law in certain jurisdictions and persons into whose possession any
document or other information referred to herein comes, should
inform themselves about and observe any such restriction. Any
failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction.
The securities mentioned in this press release
have not been, and will not be, registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), and such
securities may not be offered, sold, pledged or otherwise
transferred in the United States or to, or for the account or
benefit of, U.S. persons absent registration under the Securities
Act or pursuant to an available exemption from, or in a transaction
not subject to, the registration requirements thereof. The
securities mentioned in this press release have not been and will
not be registered under the Securities Act.
About Elis
As the leader in circular services, thanks to a
rental-maintenance model optimized by traceability technologies,
Elis innovates every day. In its 29 countries, Elis meets the needs
of its customers in terms of protection, hygiene, and well-being,
while assisting them in achieving their environmental objectives.
With unique operational know-how and a profitable organic growth
profile, Elis creates sustainable value for its shareholders,
customers, employees, and the environment.
https://fr.elis.com/en
Contact
Nicolas BuronDirector of Investor Relations,
Financing & TreasuryPhone: +33 1 75 49 98 30 -
nicolas.buron@elis.com
Charline LefaucheuxInvestor Relations
Tél : + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com
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