ASF successfully launches a €650 million, 10-year bond issue 12 March 2009

Rueil-Malmaison, 12 March 2009 Press release ASF successfully launches a €650 million, 10-year bond issue   ASF (Autoroutes du Sud de la France) has just successfully launched a €650 million, 10-year bond issue, with an annual coupon of 7.375% as part of its EMTN programme. The lead managers of this issue were Barclays, Calyon, HSBC and Société […]

Rueil-Malmaison, 12 March 2009

Press release

ASF successfully launches a €650 million, 10-year bond issue

 

ASF (Autoroutes du Sud de la France) has just successfully launched a €650 million, 10-year bond issue, with an annual coupon of 7.375% as part of its EMTN programme.

The lead managers of this issue were Barclays, Calyon, HSBC and Société Générale.

It follows a €200 million, 10-year, inflation-linked private placement made in February 2009, also part of the EMTN programme.

This issue, used to refinance ASF's long-term debt, enables the company's average debt maturity to be lengthened.

This transaction confirms bond investors’ confidence in the credit quality of ASF, rated BBB+ by Standard & Poor’s and Baa1 by Moody’s with a stable outlook.

Press contact: Estelle Ferron-Hugonnet
Tel: +33 (0)1 47 16 32 41
E-mail: estelle.ferron@vinci.com