Orano has launched a new 7-year bond issue of 750 million euros
Today Orano has launched and set the terms for a 7-year bond issue for an amount of 750 million euros (maturity in 2026) with an annual coupon of 3,375 % (yield of 3,50 % at issuance).
At the order book closing, the demand reached 2 billion euros.
This is Orano's first bond issue under its EMTN Programme.
The group has also launched a partial buyback offer for the 2023 and 2024 bonds which were originally issued by Areva, and then transferred to Orano as part of Areva's restructuring. This partial buyback offer started on April 9th 2019 and will end on April 16th 2019.
These operations aim to renew the group’s long-term financing scheme and to optimize its debt profile.
BNP Paribas, CM-CIC, Goldman Sachs International, HSBC, JP Morgan, Natixis, Santander and SG-CIB acted as bookrunners for this bond issue.
At the order book closing, the demand reached 2 billion euros.
This is Orano's first bond issue under its EMTN Programme.
The group has also launched a partial buyback offer for the 2023 and 2024 bonds which were originally issued by Areva, and then transferred to Orano as part of Areva's restructuring. This partial buyback offer started on April 9th 2019 and will end on April 16th 2019.
These operations aim to renew the group’s long-term financing scheme and to optimize its debt profile.
BNP Paribas, CM-CIC, Goldman Sachs International, HSBC, JP Morgan, Natixis, Santander and SG-CIB acted as bookrunners for this bond issue.
Contact
Press Office
Press Office
+33 (0)1 34 96 12 15
press@orano.group
+33 (0)1 34 96 12 15
press@orano.group
Investors Contact
Delon Stéphanie
investors@orano.group
investors@orano.group