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Air Liquide SA Announces USD 700 million US Private Placement issue


Friday, 29 Jun 2012 11:35am EDT 

Air Liquide SA announced that it has completed a US Private Placement with more than 20 investors. New senior unsecured notes were issued, for a total amount of USD 700 million, equivalent to approximately EUR 560 million. The proceeds of the notes will be settled between July 2012 and September 2012. The notes will be issued in three series: USD 400 million with a 10 year term due in 2022 and a 3.11% rate; USD 200 million with a 12 year term due in 2024 and a 3.26% rate; and USD 100 million with a 15 year term due in 2027 and a 3.46% rate. 

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