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EssilorLuxottica: Successful Euro 3 billion bond issuance | ||||
By: GlobeNewswire - 29 May 2020 | Back to overview list |
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NOT TO BE RELEASED, PUBLISHED OR DISTRIBUTED DIRECTLY OR INDIRECTLY This press release does not constitute a solicitation nor an offer to purchase the Bonds (as such term is defined below) in the United States of America or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the US Securities Act of 1933, as amended (the “Securities Act”)). The Bonds may not be offered or sold in the United States of America or to, or for the account or benefit of, U.S. Persons unless they are registered or exempt from registration under the Securities Act. EssilorLuxottica does not intend to register any portion of the offering of the Bonds in the United States or to conduct a public offering of the Bonds in the United States. The Bonds were offered only to qualified investors as defined by MiFID II (as defined hereafter). The Bonds may not be offered or sold to retail investors (as defined hereafter). No Key Information Document under PRIIPS Regulation (as defined hereafter) has been nor will be prepared. EssilorLuxottica: successful Euro 3 billion bond issuance Charenton-le-Pont, France (May 29, 2020 – 7.00 am) – EssilorLuxottica (rated A2 stable by Moody’s and A stable by S&P) successfully launched yesterday a bond issuance for a total amount of Euro 3 billion with tenors of 3.6 and 5.6 and 8 years, carrying respectively a coupon of 0.25%, 0.375% and 0.5% (the "Bonds") with an average yield of 0.46%. The order book peaked close to Euro 11 billion, attracting quality institutional investors, demonstrating high confidence in EssilorLuxottica’s business model and credit profile. The proceeds of this issuance will be used for general corporate purposes. Admission of the bonds to trading on Euronext Paris will be effective on the settlement date, which is expected to take place on June 5th, 2020. DISCLAIMER Prohibition of sales to European Economic Area retail investors (b) the expression “offer" includes the communication in any form and by any means of sufficient information on the terms of the offer and the Bonds to be offered so as to enable an investor to decide to purchase or subscribe the Bonds. Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the Bonds or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Bonds or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPS Regulation. France United Kingdom United States of America The Bonds will be offered or sold only in offshore transactions outside of the United States of America, in accordance with Regulation S of the Securities Act. EssilorLuxottica does not intend to register any portion of the offering of the Bonds in the United States and no public offering will be made in the United States.
Australia, Canada and Japan EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. The company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux® and Transitions®, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family. In 2019, EssilorLuxottica had over 150,000 employees and consolidated revenues of Euro 17.4 billion. CONTACTS
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