EURAZEO ANNOUNCES THE SUCCESS OF ITS INAUGURAL 500 MILLION EURO BOND ISSUE

Eurazeo today announced the successful placement of its first senior bond issue of 500 million euros, maturing on 17 April 2031, with an annual coupon of 4.625% (the “Bonds”). 

This inaugural bond issue was very well received by international institutional investors, with a final order book exceeding €2 billion, more than 4 times oversubscribed. It reflects investors’ confidence in the strength of Eurazeo’s credit profile, as well as in its growth and outlook, and enables Eurazeo to diversify its sources of financing.

The proceeds of this inaugural issue will be used to refinance part of the amounts drawn under Eurazeo’s syndicated credit facility.

The Bonds issued as part of the transaction, expected to settle on 17 April 2026, will be listed on Euronext Paris (regulated market) and are expected to be rated BBB by S&P and BBB by Fitch, in line with Eurazeo’s long-term credit rating of BBB (stable outlook) assigned by both agencies.

BNP PARIBAS, Crédit Agricole CIB and Société Générale acted as global coordinators and joint lead managers. They were joined by CIC Corporate & Institutional Banking and Natixis CIB as active joint lead managers, and Goldman Sachs Bank Europe SE, J.P. Morgan and RBC Capital Markets as passive joint lead managers.

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DISCLAIMER

This press release does not constitute an invitation to subscribe for the Bonds. The issuance of the Bonds will be the subject of a prospectus to be submitted for approval to the Autorité des marchés financiers (the “AMF”) in connection with the admission of the Bonds to trading on the regulated market of Euronext Paris. Settlement of the issuance of the Bonds remains subject to such approval. 

This press release is not a prospectus within the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”).

The Bonds are not being offered to the public to any persons other than qualified investors in any jurisdiction, including France. 

The distribution of this press release may be restricted by law in certain jurisdictions. Persons in possession of this press release are required to inform themselves of and comply with all applicable legal and regulatory restrictions.

Prohibition of sales to EEA Retail Investors

The Bonds are not intended to be offered, sold or otherwise made available, and will not be offered, sold or otherwise made available, to any retail investor in the European Economic Area (the “EEA”). For the purposes of this provision, a “retail investor” means a person who is one (or more) of the following: 

1. a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU, as amended (“MiFID II”); and/or

2. a customer within the meaning of Directive (EU) 2016/97/EU, as amended, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.

France

This press release is intended solely for qualified investors as defined in Article 2(e) of the Prospectus Regulation and in accordance with the provisions of Article L. 411-2, 1° of the French Monetary and Financial Code.

United Kingdom

This press release is intended solely for (i) persons who have professional experience in investment matters within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) entities falling within the definition of “high net worth entities” under Article 49(2)(a) to (d) of the Order; or (iii) any other persons to whom it may otherwise be lawfully communicated.

United States of America

This press release does not constitute an offer of Bonds or any solicitation to purchase or subscribe for Bonds, nor any solicitation to sell Bonds, in the United States. The Bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), nor with any securities regulatory authority of any state or other jurisdiction of the United States, and the Bonds may not be offered, sold, pledged or otherwise transferred within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act (a “U.S. Person”)), whether directly or indirectly. The Bonds are being offered and sold only outside the United States to persons who are not U.S. Persons, in reliance on Regulation S under the Securities Act.