Rexel will use the proceeds of the issuance of the Notes for general corporate purposes. This issuance will allow Rexel to enhance its financial structure by extending its debt maturity profile at favorable financing conditions.
The Notes will be offered exclusively to investors outside the United States and are expected to be listed on the Luxembourg Stock Exchange (Euro MTF).
Rexel expects the Notes to be rated by Moody’s and Standard & Poor’s. Ratings announcements are expected to be released shortly by the rating agencies.
This document is not an offer of securities for sale nor the solicitation of an offer to purchase securities in France, the United States or any other jurisdiction.
The securities described herein may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons unless they are registered or exempt from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The securities described herein have not been and will not be registered under the Securities Act and Rexel does not intend to make a public offer of its securities in the United States.
The offer and sale of the Notes in France will be carried out through a placement to qualified investors only (within the meaning of Regulation (EU) 2017/1129), in accordance with article L.411-2 of the French Financial and Monetary Code and other applicable laws and regulations. There will be no public offering in France.
Contacts
- Press Relations: Laurence FROST | lfrost@brunswickgroup.com | +33 (0)6 31 65 57 06
- Investor Relations: Ludovic DEBAILLEUX | ir@rexel.com | +33 (0)1 42 85 76 50