Successful launch of a €500 million bond issue

The Lagardère group successfully launched today a €500 million 5-year bond issue (due June 2030), with an annual coupon of 4.75%. This strong achievement, which was more than 3 times oversubscribed, shows the investors’ confidence in the financial soundness and performance of the Lagardère group’s business model.

The proceeds of this bond issue are intended to be used for general corporate purposes, including the repayment of a bridge facility put in place during the June 2024 refinancing. This bond issue will enable Lagardère SA to extend its debt maturity profile.

BNP Paribas, Crédit Agricole CIB, Natixis and Société Générale CIB are acting as global coordinators on this transaction, also led by CIC, Citigroup, Goldman Sachs, Morgan Stanley and Santander CIB.

Created in 1992, Lagardère is an international group with operations in more than 45 countries worldwide. It employs over 33,000 people and generated revenue of €8,942 million in 2024.
The Group focuses on two main divisions: Lagardère Publishing (Books, Partworks, Board Games and Premium Stationery) and Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion, Dining).
The Group’s business scope also comprises Lagardère News (Le Journal du Dimanche, Le JDNews, Le JDMag and the Elle brand licence), Lagardère Radio (Europe 1, Europe 2, RFM and advertising sales brokerage, controlled by Arnaud Lagardère but whose capital is wholly owned by the Group and consolidated in its financial statements), Lagardère Live Entertainment (venue management, production of concerts and shows, hosting and local promotional services) and Lagardère Paris Racing (sports club).
Lagardère shares are listed on Euronext Paris.
www.lagardere.com