(AOF) – Groupe Seb announces the success of a private placement of 150 million euros with a maturity of 12 years, with institutional investors. This placement, without financial covenants, constitutes the first financing with a maturity greater than 10 years for the household appliances group, allowing it to extend the average maturity of its debt. This issue was carried out “on attractive conditions”, with a fixed interest rate of 5%.
Its success demonstrates the confidence of investors in the strategy and long-term prospects of Groupe Seb, after the oversubscribed financing, in the form of Schuldschein, of 650 million euros in December 2023 and bank financing in the form of a Club Deal of 495 million euros finalized in March 2024 with its relationship banks.
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