Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Bruxelles  >  Bekaert    BEKB   BE0974258874

BEKAERT (BEKB)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

BEKAERT (D) : Bond issue successful: Bekaert collects ? 400 million

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/17/2011 | 08:40pm CET
Press release Regulated information1

17 November 2011, after closing of stock exchange

Press

Katelijn Bohez

T +32 56 23 05 71

Investor Relations

Jacques Anckaert

T +32 56 23 05 72

www.bekaert.com www.bekaert.mobi

Bekaert bond issue successful Bekaert collects € 400 million - subscription period has been early terminated

Bekaert announced on 15 November 2011 that it would issue, through NV Bekaert SA, a dual tranche bond: one tranche with a tenor of 5 years and one tranche with a tenor of 8 years, for an expected total minimum amount of € 200 million in the form of a public offering in Belgium and the Grand Duchy of Luxembourg.
As a result of major success of this issue, the subscription period has been early terminated on
17 November 2011 at 5:30 p.m. CET, as agreed between the issuer and KBC Bank, global coordinator and joint bookrunner, BNP Paribas Fortis, joint bookrunner, and ING Belgium, co-manager. The aggregate nominal amount of bonds to be issued on 6 December 2011 has been fixed at € 400 million (€ 205 million for the 5-year tranche and € 195 million for the 8-year tranche).
In the event that the total amount of subscriptions received by the participating banks exceeds the amount of bonds that were allotted, the subscriptions will be reduced proportionally. More information is available in the press release of 15 November 2011 issued by Bekaert and in the Prospectus which
is published on www.bekaert.com and available with the joint lead managers2.

Profile

Bekaert (www.bekaert.com) is a global technological and market leader in advanced solutions based on metal transformation and coatings, and the world's largest independent manufacturer of drawn steel wire products. Bekaert (Euronext Brussels: BEKB) is a global company with headquarters in Belgium, employing 28 000 people worldwide. Serving customers in 120 countries, Bekaert pursues sustainable profitable growth in all its activities and generated combined sales of € 4.5 billion in 2010.

1 The information in this press release constitutes regulated information as referred to in the Royal Decree of 14 November 2007 regarding obligations of issuers of financial instruments admitted to trading on a regulated market.

2 The issue and listing prospectus (the "Prospectus") in English, dated 14 November 2011 and approved by the Luxembourg

Commission de Surveillance du Secteur Financier on 14 November 2011 and passported to Belgium, as well as the summary of the Prospectus in Dutch and in French are available for the investors, free of charge, at the office of Bekaert at President Kennedypark 18, BE8500 Kortrijk in Belgium. These documents are also available, free of charge, by phone with BNP Paribas Fortis - tel.: +32 2 433 40 31 (Dutch) or +32 2 433 40 32 (French), KBC Bank - tel: +32 78 15 21 53 (Dutch) or +32 78 15 21 54 (French) and ING - tel +32 2 464 61 01 (Dutch) or +32 2 464 61 02 (French), and also at the counter of each of their local branches in Belgium (BNP Paribas Fortis, Fintro, KBC, CBC and ING). They are further available on the websites of BNP Paribas Fortis (www.bnpparibasfortis.be/emissions), KBC Bank (www.kbc.be/obligations), ING (www.ing.be: Investments - Bonds) and Bekaert (www.bekaert.com; section investors).

1/1

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BEKAERT
03/22 BEKAERT : Publication transparency notification Norges Bank - Regulated informat..
03/22 BEKAERT : Publication transparency notification Norges Bank - Regulated informat..
03/15 BEKAERT : Publication transparency notification Norges Bank - Regulated informat..
03/15 BEKAERT : Publication transparency notification Norges Bank - Regulated informat..
03/15 BEKAERT : Publication transparency notification Norges Bank - Regulated informat..
03/02 BEKAERT : Purchase of own shares 02 Mar 2017
03/02 BEKAERT : - Purchase of own shares
03/01 BEKAERT : Full Year Results 2016: Bekaert delivers strong profit growth as it mo..
03/01 BEKAERT : Full Year Results 2016: Bekaert delivers strong profit growth as it mo..
02/24BEKAERT NV : annual earnings release
More news
Sector news : Electrical Components & Equipment - NEC
03/13DJTE CONNECTIVITY : Files 8K - Changes Executive Management
03/09DJTE CONNECTIVITY : Files 8K - Changes Executive Management
02/24DJEATON : Files 8K - Changes Executive Management
02/16DJSCHNEIDER ELECTRIC : 2016 Net Up 24%, Despite Revenue Decline
02/07DJEMERSON ELECTRIC : Raises Earnings Outlook
More sector news : Electrical Components & Equipment - NEC
News from SeekingAlpha
03/01 NV Bekaert SA reports FY results
2016 NV Bekaert SA reports 1H16 results
2015 Bekaert’s (BEKSF) CEO Matthew Taylor on Q2 2015 Results - Earnings Call Trans..
2015 Bekaert's (BEKSF) CEO Matthew Taylor on Q1 2015 Results - Earnings Call Trans..
Advertisement
Financials (€)
Sales 2017 3 950 M
EBIT 2017 306 M
Net income 2017 156 M
Debt 2017 875 M
Yield 2017 2,26%
P/E ratio 2017 16,56
P/E ratio 2018 13,58
EV / Sales 2017 0,93x
EV / Sales 2018 0,87x
Capitalization 2 809 M
More Financials
Chart BEKAERT
Duration : Period :
Bekaert Technical Analysis Chart | BEKB | BE0974258874 | 4-Traders
Full-screen chart
Technical analysis trends BEKAERT
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 46,1 €
Spread / Average Target -0,88%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Matthew Taylor Chief Executive Officer & Director
Albrecht de Graeve Chairman
Beatriz Garcia-Cos MuntaNola Chief Financial Officer
Geert van Haver Chief Technology & Engineering Officer
Philip Eyskens Group Legal Counsel & Senior Vice President-Legal
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BEKAERT20.96%3 024
KEYENCE CORPORATION10.98%48 408
SCHNEIDER ELECTRIC1.63%42 793
EMERSON ELECTRIC CO.5.81%38 052
EATON CORPORATION PLC8.48%32 646
DAIKIN INDUSTRIES, LTD..2.28%28 783
More Results