Clariane Completes €400 Million Bond Issue

On June 24, 2025, Clariane announced the successful completion of a €400 million unsecured bond issue. The bonds, maturing in 5 years with a coupon of 7.875%, were highly sought after by Tier 1 institutional investors. The order book exceeded €1.2 billion, indicating an oversubscription rate of over three times.

This bond issuance is a significant step in Clariane's strategy to strengthen its financial structure. Following the recent sale of the Petits-fils home care business, Clariane has accelerated its plan, surpassing the €1.5 billion target set in November 2023. The proceeds from the bond will refinance existing debt, including the redemption of its OCEANE bonds.

The bonds will be listed on the Global Exchange Market of Euronext Dublin, with settlement expected on June 27, 2025. Morgan Stanley led the issuance, with Société Générale as Co-Manager.