Faurecia successfully prices an additional €190 million of 2.375% senior notes due 2027 (the "new notes")
Faurecia announces that it has successfully priced the New Notes today following a private placement. Faurecia priced the New Notes at 100.75% of par, or a yield of 2.25%.
The proceeds of the issuance of the New Notes will be used for general corporate purposes.
An application will be made to list the New Notes on Euronext Dublin (Global Exchange Market). The settlement of the New Notes is expected to occur on 3 February 2021.