Paris – 26 June 2014 – EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs, today congratulated France’s top gold producer Auplata on its successful €6.7 million bond issue on Alternext Paris. Launched on 3 June 2014 and ended 20 June 2014, the issue was open to individual and institutional investors. Bonds began trading on 26 June 2014.
Auplata 2019 bonds at a nominal €500 pay a fixed annual coupon of 8 percent over five years. Interest will be paid annually on 26 June, with the first payment on 26 June 2015. Orders were all fully served.
The offering raised a total €6,736,500 through the issue of 13,473 Auplata 2019 bonds at €500 each.
“We are delighted with the success of Auplata’s public offering on Alternext, an issue that illustrates our efforts to give SMEs easier access to the bond market so that they can develop their growth projects while diversifying their sources of finance on the market,” said Eric Forest, Chairman and CEO of EnterNext.
Jean-François Fourt, Chairman of Auplata, added, “We will use the funds raised to redeem the balance of our 2010 bond issue, thus extending the maturity of our debt, and also to finance part of the new cyanidation-based gold extraction facility planned at our Dieu Merci site, under a permit application filed on 29 November 2013. Our stronger financial position will strengthen our hand in ongoing discussions with large international mining companies seeking new partners in French Guyana, particularly for prospecting.”
Auplata was assisted by Euroland Corporate, adviser and listing sponsor; Banque Delubac & Cie, lead adviser and bookrunner; and ACTUS Finance & Communication, financial communications.
Small and medium-size enterprises.