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Reduction of the amount of the bond issue due 2023


Corporate & other activities, Finance

Paris, October 5, 2021

As indicated on 30 September at the time of launch of a €500m bond issue due October 2027, part of the proceeds of this bond issue have been used today, to reduce by €150m, the €500m nominal amount of the outstanding bond due April 2023.

As announced, the remaining proceeds of the bond issue due 2027 are intended for general corporate purposes, including partial repayment of the State-guaranteed loan entered into by Lagardère SA. These transactions are part of a prudent financial policy and aim at extending the Company’s average debt maturity profile.

Press Contacts

Ramzi Khiroun - Tel. +33 1 40 69 16 33 -

Image 7 contacts

Anne Méaux - Tel: +33 6 89 87 61 76

Investor Relations Contacts

Emmanuel Rapin - Tel. +33 1 40 69 17 45 -

Alima Lelarge Levy - Tel. +33 1 40 69 19 22 -

Created in 1992, Lagardère is an international group with operations in more than 40 countries worldwide. It employs some 28,000 people and generated revenue of €4,439 million in 2020.
The Group focuses on two priority divisions: Lagardère Publishing (Book and e-Publishing, Mobile and Board games) and Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion, Foodservice).
The Group's operating assets also include Lagardère News and Lagardère Live Entertainment.
Lagardère shares are listed on Euronext Paris.

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