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VINCI successfully issued a €950 million bond at 10 years

14 January 2019 - 8:30 am

BackDownload the press release of 01/14/2019 (PDF file, 78 )


VINCI has successfully issued a €950 million bond maturing in January 2029 and carrying an annual coupon of 1.625%.

The issue was oversubscribed almost 3 times, confirming investor confidence in VINCI’s credit quality. The company is rated A- by Standard & Poor's with positive outlook, and A3 by Moody's with stable outlook.

Part of its EMTN programme, this issue enabled VINCI to benefit from the market reopening in order to continue decreasing the cost of its debt and extend its average maturity despite a volatile market environment.

The joint bookrunners for the deal are: BBVA and Natixis (Global Coordinators), Banca IMI, MUFG and Natwest Markets.