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Press releases

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Paris, May 17, 2021

The bondholders approve the proposed conversion of Lagardère from a partnership limited by shares into a joint-stock company

The proposed conversion of Lagardère SCA (the "Company") from a partnership limited by shares into a joint-stock company presented by the Managing Partners for submission to the shareholders' General' Meeting on 30 June 2021 was submitted to the holders of the three series of bonds issued by the Company1 in general meetings held on 17 May 2021 and was approved by all three general meetings2.

 

1 Bonds issued on 13 April 2016, in an amount of €500,000,000 at the interest rate of 2.750% and due on 13 April 2023 (ISIN Code: FR0013153160), bonds issued on 21 June 2017, in an amount of €300,000,000 at the interest rate of 1.625% and due on 21 June 2024 (ISIN Code: FR0013262912) and bonds issued on 16 October 2019, in an amount of €500,000,000 at the interest rate of 2.125% and due on 16 October 2026 (ISIN Code: FR0013449261)

2 The documents and information relating to these meetings are available to bondholders under the conditions provided by law and are available on the website of the Company.

Press Contacts

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  • Anne Méaux - Tel: +33 6 89 87 61 76

Investor Relations Contacts

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.
In 2018, the Group launched its strategic refocusing around 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.
www.lagardere.com
Lagardère