Press releases
Reduction of the amount of the bond issue due in 2014
Corporate and Lagardère Live, Finance
Paris, October 31, 2012
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.
Press contacts
Thierry FUNCK-BRENTANO - Tel.: +33 (1) 40 69 16 34 - tfb@lagardere.fr
Ramzi KHIROUN - Tel.: +33 (1) 40 69 16 33 - rk@lagardere.fr
Investor Relations Contact
Anthony MELLOR - Tel.: +33 (1) 40 69 18 02 - amellor@lagardere.fr
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.
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