GDF Suez Issues Bond Transaction

GDF Suez has successfully issued a EUR 1.9 Billion bond transaction. The issue was oversubscribed by 80%. The great success of this placement clearly illustrates the creditworthiness of GDF Suez as an issuer and confirms the market confidence in the long term prospects of the Group.

The transaction consists in two tranches:

  • A long 5 years totaling EUR1 Billion, 6.25%, maturing 01/24/2014.
  • A long 10 years totaling EUR0.9 Billion, 6.875%, maturing 01/24/2019.

This issue is in line with the dynamic and active liquidity management of the Group. It's extending the average maturity of the Group's debt while sustaining its strong level of liquidity.

The transaction was jointly lead managed by Barclays, BNP Paribas, Societe Generale and Natixis.


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