Boulogne-Billancourt, 29 September 2014 –
Vallourec, world leader in premium tubular solutions, successfully launched a € 500 million bond issue, maturing in September 2024, with an annual coupon of 2.25%.
The bond proceeds will be used for the general financing purposes of the Group, enabling Vallourec to increase its financial flexibility and lengthen the maturity of its debt profile.
The success of this issue with investors confirms the confidence of the market in the creditworthiness of the Group.
This 10 year bond issue is rated BBB by Standard & Poor's and will be listed on Euronext Paris. The prospectus which obtained the AMF visa is available on the Vallourec website:
www.vallourec.com and that of the AMF (Autorité des Marchés Financiers):