Saint-Gobain Diversifies its Sources of Financing With a Euro 600 Million Securitisation Programme for Trade Receivables in France PR Newswire PARIS, December 2, 2013 PARIS, December 2, 2013 /PRNewswire/ -- The Saint-Gobain Group diversifies its sources of on-going financing at a favourable level of cost through a securitisation programme for trade receivables in France. Point.P group, Saint-Gobain's professional building distribution activity in France, concluded today, with a group of six banks*, agreements to establish a trade receivables securitisation programme for a maximum financing amount of Euro 600 million. Half of the banks' commitments have a three-year term (renewable) while the other half are on the basis of a one-year commitment (automatically renewable). Based on recently observed levels of 1 month Euribor, the initial annualized cost of this floating rate financing, including set up and running costs, would be about 0.8%. *The group of six banks is made of a lead arranger,Société Générale,and five arrangers: Crédit Agricole Corporate & Investment Bank,HSBC,The Bank of Tokyo-Mitsubishi UFJ Ltd.,Mizuho Bank Ltd.,Natixis. More about Saint-Gobain Saint-Gobain,the world leader in the habitat and construction markets,designs,manufactures and distributes building materials,providing innovative solutions to the challenges of growth,energy efficiency and environmental protection. With 2012 sales of €43.2 billion,Saint-Gobain operates in 64 countries and has nearly 193,000 employees. For more information about Saint-Gobain,please visithttp://www.saint-gobain.com. Analyst/Investor relations Gaetano TERRASINI +33-1-47-62-32-52 Vivien DARDEL+33-1-47-62-44-29 Alexandra BAUBIGEAT +33-1-47-62-30-93 Media relations Sophie CHEVALLON +33-1-47 62-30-48 Susanne TRABITZSCH+33-1-47-62-43-25 SOURCE Saint-Gobain
Saint-Gobain Diversifies its Sources of Financing With a Euro 600 Million Securitisation Programme for Trade Receivables in
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