Danone ouvre les marchés d’Euronext à l’occasion du succès de son émission obligataire de 1,3 milliard d’Euros


Paris – 23 January 2015 – Euronext, the leading exchange in the Eurozone, today congratulated Danone on the success of its dual-tranche €1.3 billion bond issue. Aimed at financing the group’s business and growth by extending the maturity of its debt, the bonds were admitted to trading on 14 January.

Danone’s bonds were listed on Euronext Paris as part of a dual-tranche €1.3 billion bond issue comprising:

  • One 5-year €550 million floating-rate tranche (coupon: 3-month Euribor + 33 basis points); ISIN Code: FR0012432904
  • One 10-year €750 million fixed-rate tranche equal to mid-swap + 48 basis points and a 1.125% coupon; ISIN Code: FR0012432912

The issue was very successfully placed with a broad range of investor profiles.
Danone is rated A-minus, negative outlook by Standard & Poor’s, and Baa1, steady outlook by Moody’s.

Marc Lefèvre, Euronext’s head of European Business Development and Client Coverage, noted: “We are delighted with Danone’s successful bond issue on Euronext Paris—a placement that drew a large number of international investors and which is a benchmark at the start of this year. Bonds are an excellent means of diversifying sources of finance, which is part and parcel of Euronext’s mission of financing the real economy and the businesses in it.

Pierre-André Térisse, Danone’s Chief Financial Officer, said: “I am very pleased with the recent dual-tranche bond issue that we are celebrating this morning. Our aim was to extend the maturity of our debt and to finance continued business development at Danone. This is the first time that we have turned to the market in early January; our issue was widely subscribed and we have been able to go with very low prices. This is a clear success that reflects both Danone’s attractiveness for investors and investors’ trust in Danone’s capacity to generate growth and create value.

To celebrate the success of its bond issue, Pierre-André Térisse rang the bell marking the opening of trading on Euronext’s financial markets, accompanied by the group’s financial and legal advisers and the Euronext Paris listings team.

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 1,930 listed issuers and around €6.3 trillion in market capitalisation as of end December 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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