Groupe SEB Continues to Strengthen Its Financial Structure With a €150M Financing Over 12 Years

Montag, 15.04.2024 16:00 von

</head><p> Regulatory News: </p><p> Groupe SEB (Paris:SK) is pleased to announce the success of a €150m, 12-year private placement, with leading institutional investors. </p><p> The placement comes without financial covenants and is SEB's first with a maturity of more than 10 years, enabling it to extend the average maturity of its debt. </p><p> It reflects investors’ confidence in Groupe SEB's long-term strategy and prospects, following the oversubscribed Schuldschein financing of €650m in December 2023 and a €495m Club Deal arranged with its relationship banks in March 2024. </p><p> This institutional private placement further diversifies Groupe SEB's sources of financing. </p><p> The issuance was made on favorable terms, with a fixed interest rate of 5.0%. Meanwhile, Groupe SEB is actively managing its interest-rate risk to optimize its financial expenses by benefiting from falling interest rates while being hedged against any potential rises. </p><p> The proceeds of this issuance, settled on 3 April 2024, will be used to cover Groupe SEB's general corporate needs and notably contributing to the repayment of the €500m bond issue maturing in May 2024. </p><p> The bonds issued are listed on Euronext Access. </p><p> Société Générale arranged the transaction. </p><table cellspacing="0" class="bwtablemarginb bwblockalignl bwwidth100"> <tr> <td class="bwsinglebottom bwpadl0 bwwidth50" rowspan="1" colspan="1"><p class="bwalignl bwcellpmargin"> <b>Next key dates – 2024</b> </p> </td> <td colspan="2" class="bwsinglebottom bwpadl1" rowspan="1"><p class="bwalignl bwcellpmargin">   </p> </td> </tr> <tr> <td class="bwsinglebottom bwpadl0 bwwidth50" rowspan="1" colspan="1"><p class="bwalignl bwcellpmargin"> <b>April 25 | </b>after market closes </p> </td> <td colspan="2" class="bwsinglebottom bwpadl1" rowspan="1"><p class="bwalignl bwcellpmargin"> Q1<sup> </sup>2024 sales and financial data </p> </td> </tr> <tr> <td class="bwsinglebottom bwpadl0 bwwidth50" rowspan="1" colspan="1"><p class="bwalignl bwcellpmargin"> <b>May 23 | </b>2:30 p.m. </p> </td> <td colspan="2" class="bwsinglebottom bwpadl1" rowspan="1"><p class="bwalignl bwcellpmargin"> Annual General Meeting </p> </td> </tr> <tr> <td class="bwsinglebottom bwpadl0 bwwidth50" rowspan="1" colspan="1"><p class="bwalignl bwcellpmargin"> <b>July 25 | </b>before market opens </p> </td> <td colspan="2" class="bwsinglebottom bwpadl1" rowspan="1"><p class="bwalignl bwcellpmargin"> H1 2024 sales and results </p> </td> </tr> <tr> <td class="bwsinglebottom bwpadl0 bwwidth50" rowspan="1" colspan="1"><p class="bwalignl bwcellpmargin"> <b>October 24 | </b>after market closes </p> </td> <td colspan="2" class="bwsinglebottom bwpadl1" rowspan="1"><p class="bwalignl bwcellpmargin"> 9-month 2023 sales and financial data </p> </td> </tr> </table><p class="bwalignc"> <b>Find us on </b><a rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.groupeseb.com%2Ffr&esheet=53931324&newsitemid=20240415992844&lan=en-US&anchor=www.groupeseb.com&index=1&md5=3b1d740311b3758f59ed8f0a3ea59de7" shape="rect"><b>www.groupeseb.com</b></a> </p><p> <i>World reference in small domestic equipment and professional coffee machines, Groupe SEB operates with a unique portfolio of 35 top brands including Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, marketed through multi-format retailing. Selling more than 400 million products a year, it deploys a long-term strategy focused on innovation, international development, competitiveness and client service. Present in over 150 countries, Groupe SEB generated sales of €8 billion in 2023 and has more than 31,000 employees worldwide.</i> </p><p><div class="fixed-container"><amp-img class="contain center" layout="fill" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20240415992844r1&sid=ariv2&distro=ftp" ></div><span class="bwct31415" /></p><p id="mmgallerylink"><span id="mmgallerylink-phrase">View source version on businesswire.com: </span><span id="mmgallerylink-link"><a href="https://www.businesswire.com/news/home/20240415992844/en/" rel="nofollow">https://www.businesswire.com/news/home/20240415992844/en/</a></span></p></html> <div class="abstand"></div> <div class="arheadgl"> <h3 class="arhead">Weitere Themen</h3> </div> <div id="more_news"> <div> <a href="/news/aktien-im-fokus-3-microsoft-auf-rekordhoch-und-nvidia-kurz-11253085"> <div class="thumbnail_1 thumbnail"> <div class="position_fix"> <div class="overlay"> <span class="date"> 21.05.24 </span> </div> </div> </div> AKTIEN IM FOKUS 3: Microsoft auf Rekordhoch und Nvidia kurz davor - KI im Fokus </a> </div> <div> <a href="/news/roundup-aktien-new-york-schluss-tech-indizes-erklimmen-11253078"> <div class="thumbnail_2 thumbnail"> <div class="position_fix"> <div class="overlay"> <span class="date"> 21.05.24 </span> </div> </div> </div> ROUNDUP/Aktien New York Schluss: Tech-Indizes erklimmen Rekordhöhen </a> </div> <div> <a href="/news/aktien-new-york-schluss-tech-indizes-erklimmen-rekordhhen-11253068"> <div class="thumbnail_3 thumbnail"> <div class="position_fix"> <div class="overlay"> <span class="date"> 21.05.24 </span> </div> </div> </div> Aktien New York Schluss: Tech-Indizes erklimmen Rekordhöhen - Warten auf Nvidia </a> </div> <div> <a href="/news/aktien-new-york-wenig-verndert-zurckhaltung-vor-zahlen-11252981"> <div class="thumbnail_4 thumbnail"> <div class="position_fix"> <div class="overlay"> <span class="date"> 21.05.24 </span> </div> </div> </div> Aktien New York: Wenig verändert - Zurückhaltung vor Zahlen von Nvidia </a> </div> <div> <a href="/news/roundup-aktien-frankfurt-schluss-anleger-halten-sich-zurck-11252900"> <div class="thumbnail_5 thumbnail"> <div class="position_fix"> <div class="overlay"> <span class="date"> 21.05.24 </span> </div> </div> </div> ROUNDUP/Aktien Frankfurt Schluss: Anleger halten sich zurück </a> </div> <div> <a href="/news/aktien-frankfurt-schluss-anleger-halten-sich-zurck-11252855"> <div class="thumbnail_6 thumbnail"> <div class="position_fix"> <div class="overlay"> <span class="date"> 21.05.24 </span> </div> </div> </div> Aktien Frankfurt Schluss: Anleger halten sich zurück </a> </div> </div> <div class="buttonNew"> <div> <a href="/news/"> Weitere Themen <span>»</span> </a> </div> </div> </div> </div> <amp-analytics type="gtag" data-credentials="include"> <script type="application/json"> { "vars" : { "gtag_id": "UA-154038-1", "config" : { "UA-154038-1": { "groups": "default" } } } } </script> </amp-analytics> </body> </html>