Information releases

 

Successful bond issue for SAGESS : lowest coupon ever (7 years)

financial_info_date: 
01/26/2016

After a roadshow in England (London), Netherlands (Utrecht and Rotterdam), Germany (Francfort and Stuttgart) and France (Paris), SAGESS has announced on January 26, 2016 and launched the next day a new 7 year bond issue (May 23, 2023 maturity). Helped by this marketing, this 600 million Euros bond issue has been predominantly subscribed by European investors outside France, Central banks represented 24% of these subscriptions.

This new bond issue pays a coupon of 0.625%, i.e OAT + 34 bps. It represents the lowest historical coupon for SAGESS ever.

Information releases