Varie
REXEL LAUNCHES $300 MILLION NOTE OFFERING
Paris, March 16, 2012
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA OR JAPAN
Rexel announced today that it intends to offer $300 million of senior unsecured notes maturing in 2019, market conditions permitting.
This new offering will allow Rexel to further enhance its financial flexibility and extend its debt maturity profile at affordable cost. The Notes will rank pari passu with Rexel's senior credit facility, 8.25% senior notes due 2016 and 7% senior notes due 2018.
Settlement and delivery is expected to take place on or around March 27, 2012.
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA OR JAPAN
Copyright Thomson Reuters
Attachment(s)
http://hugin.info/143564/R/1594782/502141.pdf
Regulatory News
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: %s via Thomson Reuters ONE