PLASTIC OMNIUM (EPA:POM) - Plastic Omnium issued a €300 million 7-year Schuldscheindarlehen
Transparency directive : regulatory news
21/12/2018 16:14
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Paris, December 21, 2018
Plastic Omnium issued a EUR300 million 7-year Schuldscheindarlehen
Compagnie Plastic Omnium today completed a Schuldscheindarlehen (private
placement under German law) for 300 million euros.
This is a 7-year private placement with a fixed coupon of 1.632%, without
covenants or ratings.
The net proceeds of the issue will be used to meet the Group's general
financing needs as part of its profitable and independent growth strategy. It
will strengthen the Group's debt structure by extending the average maturity of
its debt and diversifying its sources of financing.
Financial information Tel.: +33 (0)1 40 87 66 78 Fax: +33 (0)1 40 87 96 62
investor.relations@plasticomnium.com
Plastic Omnium is the world leader in intelligent automotive exterior systems,
clean energy systems and automotive modules.
The Group and its joint ventures employ more than 31,000 people in 122 plants,
24 R&D Centers and 26 countries worldwide, supplying 83 carmakers.
Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for
the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60
indices (ISIN code: FR0000124570).