EURAZEO (EPA:RF) - Eurazeo successfully renews and increases its syndicated credit line to €1.5 billion

Transparency directive : regulatory news

09/01/2020 17:40

PRESS RELEASE

    EURAZEO SUCCESSFULLY RENEWS AND INCREASES ITS SYNDICATED CREDIT LINE TO
                                EUR 1.5 BILLION

FOR THE FIRST TIME IN THE CAPITAL MARKET, THE MARGIN AGREED ON THIS FACILITY
                          IS INDEXED ON ESG CRITERIA

Paris, January 9, 2020 - Eurazeo, a leading global investment company, has
successfully renewed its credit line with a consortium of 13 banks. The size of
the facility was increased by 50% (the amount rose to EUR1.5 billion, up from
EUR1 billion previously), which will be an additional advantage on Eurazeo's
ambitions. The renewal also offers the Group greater visibility over the next
five years, with two options to extend the duration each by an additional
period of a year, subject to approval by the lenders, therefore resulting in a
total duration of seven years.

Furthermore, for the first time in the credit market in EMEA, this new facility
has been indexed against ESG performance criteria.

If the criteria are fulfilled, the margin calculation will give rise to savings
on fees that Eurazeo has pledged to put toward funding projects to reduce
greenhouse gas emissions, for which the environmental quality and integrity
will be guaranteed by the most rigorous labels and certifications. If the
criteria are not fulfilled, the additional fees the banks would be entitled to
charge Eurazeo would also be allocated to such projects.

This innovative financial arrangement reflects a desire to work together to
facilitate the emergence of new sustainable financial products.

The operation is fully in line with Eurazeo's ESG strategy, which strives to
combine value creation with social responsibility throughout the entire
investment cycle. Eurazeo is the only capital investment firm to be included in
five benchmark ESG indices alongside the world's top performing companies in
terms of CSR: Ethibel Sustainability Index (ESI), Euronext Vigeo, FTSE4Good,
MSCI ESG and Low Carbon Leaders and STOXX Sustainability, Low Carbon and ESG
Leaders.

Philippe Audouin, CFO of Eurazeo, stated: "The successful renewal of our credit
line demonstrates the trust our banking partners have in Eurazeo. We are also
very proud to see Eurazeo become the first capital investment firm to put in
place an agreement to redirect a portion of the fees to ESG projects. Eurazeo
has long been a pioneer in its market, having integrated CSR considerations
into all stages of its investment process back in 2008. As a catalyst of
transformation for business, the capital investment market is ideally placed to
make a significant contribution."

The consortium is made up of the following banks:

- as MLAs & Bookrunners: BNP Paribas, Cacib, CIC, Natixis and Société
Générale

- as MLAs: Banque Palatine, Barclays, CADIF, Citibank, Crédit Lyonnais,
Goldman Sachs, Intesa San Paolo, JP Morgan, Mediobanca, NatWest Markets and
Royal Bank of Canada,

- BNP Paribas as CSR Coordinator, Natixis as bookrunner and Cacib as the
underwriter.

About Eurazeo

o Eurazeo is a leading global investment company, with a diversified portfolio
of EUR18 billion in assets under management, including EUR12 billion from third
parties, invested in over 400 companies. With its considerable private equity,
venture capital, real estate, private debt and fund of funds expertise, Eurazeo
accompanies companies of all sizes, supporting their development through the
commitment of its 235 professionals and by offering deep sector expertise, a
gateway to global markets, and a responsible and stable foothold for
transformational growth. Its solid institutional and family shareholder base,
robust financial structure free of structural debt, and flexible investment
horizon enable Eurazeo to support its companies over the long term. Eurazeo has
offices in Paris, New York, Sao Paulo, Seoul, Shanghai, London, Luxembourg,
Frankfurt, Madrid and Berlin.

o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA

EURAZEO CONTACTS

PIERRE BERNARDIN
Head of Investor Relations
email: pbernardin@eurazeo.com
Tel: +33 (0)1 44 15 16 76

VIRGINIE CHRISTNACHT
Head of Communications
email: vchristnacht@eurazeo.com
Tel: +33 1 44 15 76 44

PRESS CONTACT

MAITLAND/amo
DAVID STURKEN
email: dsturken@maitland.co.uk
Tel: +44 (0) 7990 595 913

    For more information, please visit the Group's website: www.eurazeo.com

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EURAZEO (EPA:RF) - Eurazeo successfully renews and increases its syndicated credit line to €1.5 billion

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