RNS Number : 7538T

Compagnie de Saint-Gobain

16 November 2023



   --   EUR 1 billion with a 3-year maturity and a 3.75% coupon 
   --   EUR 1 billion with a 7-year maturity and a 3.875% coupon 

With this transaction Saint-Gobain took advantage of favorable market conditions to anticipate the refinancing of upcoming bond maturities, while optimizing its financing costs.

The bonds were about 2 times oversubscribed with about 200 investors demonstrating confidence in the Group's credit quality.

Saint-Gobain's long-term senior debt is rated BBB+ (stable outlook) by Standard & Poor's and Baa1 (stable outlook) by Moody's.

Citi and Natixis acted as global coordinators and bookrunners, while Barclays, BBVA, Deutsche Bank, Danske Bank, JP Morgan, La Banque Postale, Mizuho and NatWest Markets, also acted as bookrunners on this bond issue.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME".

EUR51.2 billion in sales in 2022

168,000 employees, locations in 75 countries

Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on

X @saintgobain .

 Analyst/investor relations                   Press relations 
 Vivien Dardel:           +33 1 88 54 29 77   Patricia Marie :               +33 1 88 54 26 83 
-----------------------  ------------------  -----------------------------  ------------------ 
 Floriana Michalowska:    +33 1 88 54 19 09   Laure Bencheikh :              +33 1 88 54 26 38 
-----------------------  ------------------  -----------------------------  ------------------ 
 Alix Sicaud:             +33 1 88 54 38 70   Flavio Bornancin-Tomasella :   +33 1 88 54 27 96 
-----------------------  ------------------  -----------------------------  ------------------ 
 James Weston:            +33 1 88 54 01 24 
-----------------------  ------------------  -----------------------------  ------------------ 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

November 16, 2023 13:22 ET (18:22 GMT)

Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Compagnie De Saint-gobain Charts.
Compagnie De Saint-gobain (LSE:COD)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Compagnie De Saint-gobain Charts.