FORVIA (EX-FAURECIA) Nanterre (France), March 14, 2016
Faurecia to offer €500 million of senior notes due 2023 (the "2023 Notes") to refinance its Notes maturing in December 2016
Faurecia announced today that it will make an offering of €500 million of 2023 Notes.
Faurecia will use the net proceeds of the offering of the 2023 Notes to redeem its €490 million 9.375% Notes due 2016 in full. The issuance of the 2023 Notes is intended to extend Faurecia's debt maturity profile and strengthen Faurecia's balance sheet.
In connection with the offering of the 2023 Notes, Faurecia disclosed certain information to prospective holders of the 2023 Notes. A copy of such information is available on the link hereto (Exhibit A).
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: Media Olivier Le Friec Head of Media Relations Tel: +33 (0)1 72 36 72 58 Cell: +33 (0)6 76 87 30 17 olivier.lefriec@faurecia.com | Analysts/Investors Eric-Alain Michelis Director of Financial Communications Tel: +33 (0)1 72 36 75 70 Cell: +33 (0)6 64 64 61 29 eric-alain.michelis@faurecia.com |
IMPORTANT NOTICE
This document is not an offer of securities for sale in the United States. The notes being offered by Faurecia (the "2023 Notes") may not be sold in the United States and to U.S. persons unless they are registered under the Securities Act or are exempt from registration. The offering of 2023 Notes described in this announcement has not been and will not be registered under the Securities Act, and accordingly any offer or sale of 2023 Notes may be made only in a transaction exempt from the registration requirements of the Securities Act.
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.
Promotion of the 2023 Notes in the United Kingdom is restricted by the Financial Services and Markets Act 2000 (the "FSMA"), and accordingly, the 2023 Notes are not being promoted to the general public in the United Kingdom. This announcement is for distribution only to, and is only directed at, persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order"), (ii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Financial Promotion Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity within the meaning of section 21 of the FSMA in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This announcement is directed only at relevant persons and must not be acted on or relied on by anyone who is not a relevant person.
In addition, if and to the extent that this announcement is communicated in, or the offer of securities to which it relates is made in, any EEA member state that has implemented the Prospectus Directive, this announcement
| Press release Not for distribution, directly or indirectly, in the United States, Canada, Australia or Japan |
and the offering of any securities described herein are only addressed to and directed at persons in that member state who are "qualified investors" within the meaning of the Prospectus Directive or in any other circumstances falling within Article 3(2) of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that member state. The offer and sale of the 2023 Notes will be made pursuant to an exception under the Prospectus Directive, as implemented in the EEA member states, from the requirement to produce a prospectus for offers of securities. This announcement does not constitute a prospectus within the meaning of the Prospectus Directive or an offer to the public.
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.
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
