SPIE (EPA:SPIE) - SPIE successfully places a €600 million bond

Transparency directive : regulatory news

16/03/2017 08:30

Press release

SPIE successfully places a EUR600 million bond

Cergy, March 16th, 2017 - SPIE, the European leader in multi-technical services
in the areas of energy and communications, has announced today that it has
successfully placed a EUR600 million bond issue on March 15th, 2016. The issue
will be used to finance the acquisition of SAG, the German leader of energy
infrastructure services, announced on December 23rd, 2016.

SPIE makes a successful return to the bond market, issuing a EUR600 million
fixed-rate, euro- denominated bond, with a 7-year maturity and an annual coupon
of 3.125%. The bond will be listed on the regulated market of Euronext Paris.

The issue was largely oversubscribed, reflecting institutional investors'
confidence in SPIE's credit quality, rated BB by Standard & Poor's and Ba3 by
Moody's.

This operation allows SPIE to take advantage of the current supportive market
conditions, and will enhance the Group's debt structure by diversifying its
sources of funding and extending its average maturity.

The joint bookrunners of this transaction were HSBC, Natixis and SG CIB (acting
together as Global Coordinators), and BNP Paribas, Crédit Agricole CIB and ING.

About SPIE

As the independent European leader in multi-technical services in the areas of
energy and communications, SPIE supports its customers to design, build,
operate and maintain energy-efficient and environmentally-friendly facilities.

With 38,000 employees working from close to 600 sites in 38 countries, SPIE
achieved in 2015 consolidated revenues of EUR5.3 billion and consolidated EBITA
of EUR351 million.

www.spie.com
https://www.facebook.com/SPIEgroup
http://twitter.com/spiegroup

DISCLAIMER

This press release is for information purposes only and does not constitute an
offer to sell or a solicitation to purchase any securities in any jurisdiction.
The securities referred to in this press release have not been and will not be
offered to the public. In France, a listing prospectus will be submitted to the
approval of the Autorité des marchés financiers for a listing of the Bonds on
the regulated market of Euronext Paris. Settlement-delivery remains subject to
this approval. This press release is not an offer for sale within the United
States of any security of SPIE or any of its affiliates. Securities of SPIE or
any of its affiliates may not be offered or sold in the United States absent
registration under the U.S. Securities Act of 1933, as amended, or unless
exempt from such registration. Release, publication or distribution of this
press release is forbidden in any jurisdiction where such release, publication
or distribution would violate applicable laws or regulations.

Contacts presse

SPIE
Pascal Omnès
Group Communications Director
Tel. + 33 (0)1 34 41 81 11
pascal.omnes@spie.com

SPIE
Thomas Guillois
Investor Relations Director
Tel. + 33 (0)1 34 41 80 72
thomas.guillois@spie.com

Brunswick
Agnès Catineau
Tel. + 33 (0)1 53 96 83 84
acatineau@brunswickgroup.com

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