Saint-Gobain: Successful Launch of a 5 Year, EUR 750 Million Bond Offering (Annual...

Saint-Gobain: Successful Launch of a 5 Year, EUR 750 Million Bond Offering
(Annual Coupon of 7.25%)

COURBEVOIE, France, September 5 /PRNewswire-FirstCall/ -- Compagnie de
Saint-Gobain, whose long-term senior debt is rated BBB+ by Standard & Poor's
and Baa1 by Moody's, set yesterday the terms of its new benchmark bond issue
denominated in Euros.
Despite challenging market conditions the issue was well received by a
diversified set of quality investors, which allowed the spread to be set at
the bottom of the initial price-guidance and the size of the issue to meet
the issuer's target.
This transaction underlines bond investors' confidence in the credit
quality of Saint-Gobain, whose last issuance on the Euro bond market took
place in April 2007.
The proceeds will be used to refinance existing debt and for general
corporate purposes.
BNP Paribas, Calyon, J.P. Morgan and The Royal Bank of Scotland acted as
lead managers for this bond issue.
Investor Relations Department

Florence Triou-Teixera: +33-1-47-62-45-19
Vivien Dardel: +33-1-47-62-44-29

Press contact
Sophie Chevallon: +33-1-47-62-30-48

SOURCE Saint-Gobain

Investor Relations Department: Florence Triou-Teixera: +33-1-47-62-45-19,
Vivien Dardel: +33-1-47-62-44-29; Press contact: Sophie Chevallon:
+33-1-47-62-30-48