par SCHNEIDER ELECTRIC (EPA:SU)
Successful issue of a € 1.5 billion bond
Financial Information
Successful issue of a € 1.5 billion bond
Rueil-Malmaison (France), September 3, 2024 - Schneider Electric, the global leader in the digital transformation of energy management and automation, launched, on August 27, 2024, a €1.5 Billion EMTN (Euro Medium Term Note) issue in two tranches respectively maturing in 6 years with a fixed coupon at 3% and 12 years with a 3.375% fixed coupon. This transaction enables the Group to increase its debt maturity profile and strengthen its liquidity position.
The details of the issuance are the following:
Amount | €750 Million | €750 Million |
Maturity | September 2030 | September 2036 |
Coupon | 3% | 3.375% |
Implied Rate | 3.094% | 3.426% |
About Schneider Electric
Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.
Our mission is to be the trusted partner in Sustainability and Efficiency.
We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.
We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.
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