Saint-Gobain : Successful Launch of a Bond Offering: GBP 250 Million, 17 Year Maturity, Coupon 4.625% (4.31% in EUR)

PARIS, September 26, 2012 /PRNewswire/ --

Compagnie de Saint-Gobain today set the terms of a 17 year bond issue for an amount of  GBP 250 million with an annual coupon of 4.625%.

The issue has been entirely swapped into EUR, resulting in a financing cost in EUR over the 17 years of 4.31%.

Thanks to this bond issue, Saint-Gobain is refinancing in advance future debt maturities. By issuing in GBP Saint-Gobain was able to achieve a diversification of its bond investors base and a longer maturity compared to the EUR market.

Saint-Gobain's long-term senior debt is rated BBB by Standard & Poor's and Baa2 by Moody's.

Barclays, HSBC, The Royal Bank of Scotland and Santander GBM acted as lead managers for this bond issue.

Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2011 sales of more than €42 billion, Saint-Gobain operates in 64 countries and has nearly 195,000 employees. For more information about Saint-Gobain, visit  http://www.saint-gobain.com.

Analyst/Investor relations

Florence Triou-Teixeira : +33-1-47-62-45-19
Vivien Dardel : +33-1-47-62-44-29
Alexandra Baubigeat : +33-1-47-62-30-93

Press relations

Sophie Chevallon: +33-1-47-62-30-48
Susanne Trabitzsch: +33-1-47-62-43-25

SOURCE Saint-Gobain

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