SUEZ gives results of capped tender offer for six series of notes

By Sarah Lizee

Olympia, Wash., Oct. 15 – SUEZ SA announced the results of its tender offer for up to €700 million of six series of senior notes maturing between 2021 and 2025.

The offer expired at 10 a.m. ET on Oct. 11.

The company said it will accept for purchase the following amounts of tendered notes:

• €151.8 million of €750 million 4.078% notes due May 17, 2021 for a price of 107.13513;

• €135.3 million of €750 million 4.125% notes due June 24, 2022 for a price of 112.25766;

• €123.6 million of €500 million 2.75% notes due Oct. 9, 2023 for a price of 112.233;

• €39 million of €500 million 5.5% notes due July 22, 2024 for a price of 127.87926;

• None of the €500 million 1% notes due April 3, 2025; and

• None of the €500 million 1.75% notes due Sept. 10, 2025.

The company said the financing condition for the offer was satisfied.

Settlement is scheduled for Oct. 16.

BNP Paribas (+44 20 7595 8668 or liability.management@bnpparibas.com), HSBC Bank plc (+44 20 7992 6237 or LM_emea@hsbc.com) and Natwest Markets NV (+44 20 7085 6124 or liabilitymanagement@natwestmarkets.com) are the dealer managers and global coordinators.

The tender agent is Societe Generale (+33 2 51 85 52 43 or nantes.gis-op-titres@sgss.socgen.com) and the information agent is Lucid Issuer Services Ltd. (+44 20 7704 0880 or suez@lucid-is.com).

SUEZ is a water treatment and waste management company based in Paris.

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