OREANDA-NEWS. GDF SUEZ successfully achieved a four-tranche €2.5billion bond issue:
  • €500 million, maturing in March 2017, with a 0.0% coupon
  • €750 million, maturing in March 2022, with a 0.5% coupon
  • €750 million, maturing in March 2026, with a 1.0% coupon
  • €500 million, maturing in March 2035, with a 1.5% coupon

The average coupon of the issue is 0.75% and the average maturity is 9.8 years.

The coupons for each tranche are the lowest obtained by GDF SUEZ at these maturities in Euros. In particular, the 2-year tranche bears a 0% coupon.

This transaction is aligned with the strategy of dynamic management of the GDF SUEZ balance sheet and allows the Group to secure its refinancing needs in exceptionally favourable market conditions currently prevailing in the Eurozone.

Gerard Mestrallet, Chairman and Chief Executive Officer of GDF SUEZ, has declared: “This transaction shows the investors’ trust in GDF SUEZ signature. It is aligned with the strategy of dynamic management of the GDF SUEZ balance sheet and allows the Group to secure its refinancing needs in exceptionally favourable market conditions currently prevailing in the Eurozone.”