Cibi e Bevande
VRANKEN-POMMERY MONOPOLE is launching a bond issue in Belgium and the Grand Duchy of Luxemburg
Press Release
Vranken-Pommery Monopole is launching a bond issue
in Belgium and the Grand Duchy of Luxemburg
Reims, may 13th 2019
In the frame of the refinancing of its 2013 bond issue which will reach its maturity in June 2019, Vranken-Pommery Monopole has decided to issue a new bond on the markets of Belgium and Grand Duchy of Luxemburg.
With three maturities of 3, 5 and 7 years, this new issue of a total amount between 65M€ & 145M€ will give the group the necessary financial visibility to sustain its profitable growth strategy.
The operation is subject to a prospectus approved by the AMF (Autorité des Marchés Financiers) and the bonds will be subject to a request for admission to trading on the Brussels Euronext market.
The prospectus contains all information related to the characteristics of this new bond and the terms and conditions of subscription. It will be available on the group's website ( www.vrankenpommery.com ).
In order to ensure a fair access to the information between all investors, the group states that:
About Vranken-Pommery Monopole
Vranken-Pommery Monopole is a leading wine player in Europe and the second largest champagne group.
The group manages 2,600 hectares of land, owned outright or under lease and spread over four vineyards in Champagne, Provence, Camargue and Douro. The group's activities include wine-growing, wine-making, distribution and marketing, with a strong commitment to the promotion of terroirs, sustainable wine-growing and environmental conservation.
Its brand portfolio includes:
Vranken-Pommery Monopole is listed on NYSE Euronext Paris ("VRAP") and Brussels ("VRAB"). ISIN: FR0000062796.
Contacts
Attachment
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti