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

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

Business Wire

RUEIL-MALMAISON, France -- January 11, 2013


VINCI (Paris:DG) announces the successful placement by Autoroutes du Sud de la
France (ASF) of a €700million 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

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


Press contact:
Maxence Naouri, 01 47 16 31 82