FORVIA (EX-FAURECIA) 
Nanterre (France), March 14, 2016
Faurecia announced that it will redeem its €490 million 9.375% Senior Notes due 2016
Faurecia issued a conditional notice of redemption on March 14, 2016 in order to exercise its option to redeem in full the €490 million of 9.375% Senior Notes due 2016 (the "2016 Notes"). The redemption of the 2016 Notes is conditional upon the issue by Faurecia of new senior notes in an aggregate principal amount of €500 million. See the redemption notice below for further information.
These Notes will be redeemed on or about April 12, 2016, at a redemption price of 100% of the principal amount of these Notes, plus the Applicable Premium (as defined in the redemption notice below), and accrued interest up to April 12, 2016.
About Faurecia
Faurecia is one of the world's largest automotive equipment suppliers with four Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2015, the Group posted total sales of €20.7 billion. At December 31, 2015, Faurecia employed 103,000 people in 34 countries at 330 sites and 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market. For more information, visit: www.faurecia.com
| Contacts: | MediaOlivier Le FriecHead of Media RelationsTel: +33 (0)1 72 36 72 58Cell: +33 (0)6 76 87 30 17olivier.lefriec@faurecia.com | Analysts/Investors Eric-Alain Michelis Director of Financial Communications Tel: +33 (0)1 72 36 75 70Cell: +33 (0)6 64 64 61 29eric-alain.michelis@faurecia.com |
IMPORTANT NOTICE
This document is not an offer of securities for sale in the United States.
It may be unlawful to distribute this document in certain jurisdictions. This document is not for distribution in Canada, Japan or Australia. The information in this document does not constitute an offer of securities for sale in Canada, Japan or Australia.
Neither the content of Faurecia's website nor any website accessible by hyperlinks on Faurecia's website is incorporated in, or forms part of, this announcement. The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will not be accepted.
STOCK EXCHANGE ANNOUNCEMENT FOR IMMEDIATE RELEASE
Faurecia S.A. ("ISSUER")
14 March 2016
Re: Conditional Notice of Redemption to the holders of the €490,000,000 9.375% Senior Notes due 2016
Reference is made to the trust deed dated 9 November 2011 and the supplemental trust deed dated 21 February 2012 (together the "Trust Deed"), in each case between the Issuer, the Initial Guarantors and Citibank, N.A., London Branch (the "Trustee") constituting the Notes. Capitalised terms used in this Notice and not otherwise defined herein shall have the meanings set out in the Trust Deed.
The Issuer hereby gives conditional notice to the holders of its €490,000,000 9.375% Senior Notes due 2016 (ISIN: XS0704870392; Common Codes: 0704870392) (the "Notes") that, pursuant to Condition 3.1 of the Notes, it is exercising its option to redeem €490,000,000 in aggregate principal amount of outstanding Notes (the "Redeemed Notes"), with the net cash proceeds of an offering of €500,000,000 Senior Notes dated on or around 16 March 2016 (the "New Notes").
The Issuer's obligation to redeem the Redeemed Notes is conditional upon the issue by the Issuer of the New Notes in an aggregate principal amount of €500,000,000 (the "New Issue Condition").
Subject to satisfaction of the New Issue Condition, the redemption date for the Redeemed Notes will be 12 April 2016 (the "Redemption Date") and the record date will be 11 April 2016 (the "Record Date"). If the New Issue Condition is not satisfied on or before the Record Date, the Redeemed Notes will not be redeemed on the Redemption Date and the Issuer will notify the holders of the Redeemed Notes thereof by publishing a press release on the Luxembourg Stock Exchange and on the Issuer's website, www.faurecia.com/en/analyst-or-investor.
The aggregate redemption price for the Redeemed Notes comprises (i) 100.000% of the principal amount of €490,000,000 and (ii) the Applicable Premium as of, and accrued and unpaid interest, if any, to the Redemption Date (together, the "Redemption Price").
Enquiries about the above notice should be directed to the Issuer as set out below:
Faurecia S.A.
2 rue Hennape,
92000 Nanterre
France
Attention: Group General Counsel
Facsimile No. +33 1 72 36 70 70
This announcement has been issued on The Luxembourg Stock Exchange.
This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, subscribe for, sell, otherwise dispose of or issue, or any solicitation of any offer to sell, otherwise dispose of, issue, purchase, otherwise acquire or subscribe for, any security in the United States.
The New Notes have not been, and will not be, registered in the United States under the US Securities Act of 1933 (the "Securities Act"). The New Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. There will be no public offer of the New Notes in the United States.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, FRANCE, THE UNITED KINGDOM OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FAURECIA via Globenewswire
