VINCI: ASF successfully issues a €700 million 10-year bond

Fri Jan 11, 2013 12:44pm EST

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RUEIL-MALMAISON, France--(Business Wire)--
Regulatory News: 

VINCI (Paris:DG) announces the successful placement by Autoroutes du Sud de la
France (ASF) of a €700 million bond issue maturing in January 2023, with an
annual coupon of 2.875%. 

The issue, which was completed as part of ASF`s EMTN programme, was very well
received by investors (being more than 6 times oversubscribed by nearly 300
subscribers), thus confirming their confidence in the company`s credit quality,
rated BBB+ by Standard & Poor`s and Baa1 by Moody`s, with a stable outlook. 

The issue is intended to refinance ASF`s existing debt and enables the Company`s
average debt maturity to be lengthened. 

The lead managers were BBVA, Barclays, ING, Mitsubishi UFJ Securities
International, Société Générale Corporate and Investment Banking and UniCredit.

Press contact:
VINCI
Maxence Naouri, 01 47 16 31 82
maxence.naouri@vinci.com

Copyright Business Wire 2013
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