Air Liquide Successfully Launches a 600 Million Euros Long Term Bond Issuance
Air Liquide (Paris:AI):
Main characteristics are as follows:
- Amount : €600 million
Air Liquide Finance, guaranteed by L’Air Liquide SA
September 16, 2022
September 16, 2032(10 years)
- Format: Fixed rate, repayment at maturity
- Coupon: 2.875% p.a.
Air Liquide has successfully launched a
This transaction, very significantly oversubscribed by investors, was executed under the Group's Euro Medium Term Note (EMTN) programme. With this issuance, Air Liquide is raising €600 million with a 10-year maturity at a yield of 2.982%.
This issuance will be rated « A » by Standard & Poor’s and « A2 » by Moody’s.
Jérôme Pelletan, Chief Financial Officer of
A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 75 countries with approximately 66,400 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart of Air Liquide’s strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition—particularly with hydrogen—and takes action to progress in areas of healthcare, digital and high technologies.
Air Liquide’s revenue amounted to more than
Source: Air Liquide