Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

GBL Raises 400 Million Euros in Issue of Bonds for Suez Shares

Sept. 7 (Bloomberg) -- Groupe Bruxelles Lambert SA raised 400 million euros ($512 million) in the issuance of convertible bonds for shares of Suez Environnement, the second-largest water company.

The issue has a 3-year maturity with a coupon of 0.125 percent, resulting in a 20 percent premium to Suez Environnement’s share price, the Paris-based utility said today in an e-mailed statement.

GBL remains a shareholder of Suez with a 7.2 percent stake and retains its representatives on Suez’s board of directors, according to the Suez statement. It said Suez provides 91 million people with drinking water and 63 million with wastewater treatment services on five continents.

GDF Suez holds almost a 36 percent stake in Suez.

Link to Company News:{GBLB BB <Equity> CN <GO>} Link to Company News:{GSZ FP <Equity> CN <GO>} Link to Company News:{SEV FP <Equity> CN <GO>}

To contact the reporter on this story: Randall Hackley in Zurich at

To contact the editor responsible for this story: Randall Hackley at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.