Lagardère SCA: Reduction of the Amount of the Bond Issue Due in 2014
Lagardère SCA: Reduction of the Amount of the Bond Issue Due in 2014 Business Wire PARIS -- October 31, 2012 Regulatory News: Lagardère (Paris:MMB): As indicated on October 17, when the launch of a €500m bond issue due in October 2017 was announced, part of the proceeds of this bond issue has been used today for around €118m to reduce the amount of the €1bn bond due in October 2014. These operations are part of a prudent financial policy that aims notably to maintain liquidity on the long run and to lengthen the average maturity of the debt. Lagardère is a world-class pure-play media group (Book and e-Publishing; Press, Audiovisual, Digital and Advertising Sales Brokerage; Travel Retail and Distribution; Sport Industry and Entertainment). With a holding of around 7.5%, Lagardère jointly controls EADS. Lagardère shares are listed on Euronext Paris. Contact: Press contacts Thierry FUNCK-BRENTANO Tel. +33 1 40 69 16 34 tfb@lagardere.fr or Ramzi KHIROUN Tel. +33 1 40 69 16 33 rk@lagardere.fr or Investor Relations contact Anthony MELLOR Tel. +33 1 40 69 18 02 amellor@lagardere.fr
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