26.02.2018 19:00:00
|
Legrand: Successful new bond issue
Regulatory News:
LEGRAND (Paris:LR) today launched a new bond issue for a total of €400 million with an 8-year maturity. The maturity date is March 6, 2026 and the annual coupon is 1.0%.
The issue’s smooth placement demonstrates once again investors’ confidence in the soundness of Legrand’s development model as well as the quality of its financial structure.
After two successful bond issues in 2017, for a total amount of €1.4 billion, Legrand is thus pursuing its refinancing operations at very attractive rate conditions while extending its debt maturity.
------------------------
KEY FINANCIAL DATES
-
2018 first-quarter results: May 3, 2018
"Quiet period1” starts April 3, 2018 - General Meeting of Shareholders: May 30, 2018
- Ex-dividend date: June 1, 2018
- Dividend payment : June 5, 2018
-
2018 first-half results: July 31, 2018
"Quiet period1” starts July 1, 2018
ABOUT LEGRAND
Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for commercial, industrial and residential markets makes it a benchmark for customers worldwide. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing its strategy of profitable and sustainable growth driven by acquisitions and innovation, with a steady flow of new offerings—including Eliot* connected products with enhanced value in use. Legrand reported sales of more than €5.5 billion in 2017. The company is listed on Euronext Paris and is notably a component stock of the CAC 40 index. |
(ISIN FR0010307819). |
http://www.legrand.com |
*Eliot is a program launched in 2015 by Legrand to speed up
deployment of the Internet of Things in its offering. A result of the
group’s innovation strategy, the Eliot program aims to develop connected
and interoperable solutions that deliver lasting benefits to private
individual users and professionals.
http://www.legrand.com/EN/eliot-program_13238.html
This announcement is not an offer of the bonds for sale in the United States. The bonds may not be offered or sold in the United States or to, or for the account or the benefit of U.S. Persons (as defined in Regulation S of the US Securities Act of 1933, as amended, the "Securities Act”) without registration except pursuant to an ex exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Legrand has not registered and does not intend to register all or any part of the offering in the United States or to conduct a public offering in the United States.
1 Period of time when all communication is suspended in the run-up to publication of results.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180226006253/en/
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu LEGRAND SA Act. Prov. OPOmehr Nachrichten
Analysen zu LEGRAND SA Act. Prov. OPOmehr Analysen
Aktien in diesem Artikel
LEGRAND SA Act. Prov. OPO | 98,50 | 0,76% |