(CercleFinance.com) – Rexel announces the successful placement of its senior sustainability bonds, unsecured and redeemable in 2030 (the ‘Bonds’), for an amount of €400 million at a rate of 5.250% .
The Bonds, maturing on September 15, 2030, may be redeemed early at Rexel’s option from September 2026.
The Bonds should be rated as follows: Ba1 by Moody’s (Rexel’s corporate rating being Ba1 with a stable outlook) and BB+ by S&P (Rexel’s corporate rating being BB+, with a stable outlook).