New successful bond issue for SAGESS : lowest coupon ever for a 12 years maturity

After a roadshow in the Netherlands (Amsterdam, Den Haag), Germany (Francfurt) and France (Paris), SAGESS has launched on October 13, 2016 a new 12 years bond issue (October 20, 2028 maturity). This new 600 million bond issue has been mainly invested by french investors.

This new bond issue pays a coupon of 0.625% (i.e OAT+ 29 bps). It represents the lowest historical coupon for SAGESS ever for such a maturity.