Paris, November 24, 2009 – The Joint Lead Managers and Joint Bookrunners to the offering of bonds convertible into and/or exchangeable for new or existing shares (OCEANE) launched by Faurecia (the "Company"), have informed the Company of their partial exercise to date of the overallotment option that had been granted to their benefit.As a result, the amount for the OCEANE offering increased up to approximately € 211 million, representing 11,306,058 Bonds.
In addition, Société Générale Corporate & Investment Banking, acting as stabilizing manager for the purposes of the offering, states that, pursuant to article 9 of Regulation No. 2273/2003 dated 22 December 2003 of the European Commission and article 631-10 of the Règlement général of the Autorité des marchés financiers:
a) it has undertaken stabilization actions on the Faurecia OCEANE; and
b) such stabilization actions have been undertaken on November 18, 2009 within a price range going from € 18.23 to € 18.25 and on November 19, 2009 within a price range going from € 17.80 to € 18.20.
The issue date and settlement and delivery date for the Bonds are scheduled for November 26, 2009.
This offering is led by Société Générale Corporate & Investment Banking acting as Global Coordinator, Joint Lead Manager and Joint Bookrunner, BNP Paribas acting as Joint Lead Manager and Joint Bookrunner, as well as Citi and HSBC acting as Co-Lead Managers.
Information to the public
A prospectus (the "Prospectus"), comprised of the reference document of Faurecia, filed with the AMF on April 6, 2009 under No. 09-0200 (the "Reference Document"), an update to the reference document filed with the AMF on November 18, 2009 under No. D.09-0200-A01 (the "Update") and a securities note including a summary of the prospectus, received the AMF's visa No. 09-337 dated November 18, 2009. Copies of the Prospectus are available, free of charge, at Faurecia's registered office and on its website (www.faurecia.com) as well as on the AMF's website (www.amf-france.org).
Investors' attention is drawn to the risk factors sections included in section 2.4 of the reference document, section 6.1 of the update to the reference document and section 2 of the securities note.