Additional issuance of notes in an amount of €150 million
Rexel announces today the placement of an additional €150 million principal amount of its 5.125% senior notes due 2020 at a price of 101% yielding 4.955%. On March 20, 2013, Rexel had placed €500 million of its 5.125% senior notes due 2020 and USD500 million of its 5.250% senior notes due 2020. The additional notes will have identical terms and conditions as the €500 million notes placed on March 20, 2013 and will form a single series and be fully fungible with such notes.
The delivery and settlement of the additional notes is expected to take place simultaneously with the delivery and settlement of the original notes, in early April 2013.