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NYSE Euronext : DEME launches successful first bond issue on NYSE Alternext

02/14/2013 | 06:07am US/Eastern
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DEME launches successful first bond issue on NYSE Alternext
Brussels, 14 February 2013 - NYSE Euronext (NYX) today announced a successful €200 million bond issue on NYSE Alternext by DEME, the Belgian dredging, environmental and marine engineering group. The company is the first issuer of bonds on NYSE Alternext in Brussels, a market designed for SMEs with more flexible listing requirements.

DEME has won a prominent position on the world market in a number of highly specialized and complex hydraulic disciplines. The Group can look back on nearly 150 years of experience in its core dredging and land reclamation activities and hydraulic engineering.  Today, the company is active in over 90 different countries and has a permanent workforce of 4,200 dedicated people. DEME companies can rely on a dredging fleet consisting of 90 main vessels backed by a broad range of auxiliary equipment. In 2011 at Group level a turnover amounting to €1.766 billion was generated.

The bonds, issued by DEME on 6 years with a maturity date on 14 February 2019, have been entirely subscribed on the first day of the subscription period for the maximum amount of €200 million. Consequently, the subscription period has been closed early. The DEME bonds, priced at a nominal of €1000, will generate an annual interest of 4.145%. paid every 14 February starting next year.

"We are delighted with the success of DEME's bond issue on NYSE Alternext. Our tailor-made market for small and mid-caps offers a solution suited to the needs of SMEs seeking capital," said Alain Baetens, Head of Listings Belgium at NYSE Euronext Brussels.

"Especially for SMEs, the engine of our Belgian economy, it is vital to be able to raise capital for future growth. NYSE Euronext works closely on continuous improvement to fine-tune the structure of the bond offering and give greater visibility to issues by SMEs,"added Vincent Van Dessel, Chairman and CEO of NYSE Euronext Brussels.

BNP Paribas Fortis, ING Belgium and KBC Bank acted as joint lead managers for the issue of this bond. Belfius Bank, Econopolis and Bank Delen acted as co-lead managers.

Information

NYSE Euronext
Jean-Yves Daxhelet
Tel.: +32 (0)2 213 13 03
E-mail:jean-yves.daxhelet@interel.be

About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com

About DEME
The Belgian dredging and environmental group DEME is a conglomerate of enterprises whose roots were established more than a century and a half ago. The group is specialized in deepening and maintenance dredging; port construction and port expansion; providing services to the oil and gas industry; wreckage clearance; deep sea operations; construction of offshore wind farms; and a wide range of environmental activities - from water treatment to sludge recycling and from soil remediation to the treatment of both lightly and heavily contaminated sedimentation. DEME operates a modern and multi-functional fleet of 90 large dredgers and some 200 auxiliary vessels. The company employs 4,200 people. The Group is active worldwide - in 2011 it reported a turnover of EUR 1.766 billion and was active in more than 50 countries on all continents. Its current investment programme in high-tech equipment will enable DEME to meet future challenges with an ultra-efficient and very modern fleet.

Disclaimer
None of the information contained in this press release constitutes an offer, solicitation or recommendation to acquire or dispose of any security or investment or to engage in any other transaction or to provide legal, tax, accounting or investment advice or services regarding the suitability or profitability of any security or investment. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by NYSE Euronext's subsidiaries shall depend solely on the applicable rules of the market operator. NYSE Euronext offers no view on whether investments are appropriate for you  and recommends you obtain independent advice in respect of such investments. Persons wishing to trade products available on NYSE Euronext markets or wishing to offer such products to third parties (whether by way of admission to listing and/or trading of products, or otherwise) are advised, before doing so, to check their legal and regulatory position in the relevant territory and to understand the related risks. NYSE Euronext does not make any recommendations regarding the merit of any company, security or other financial product or investment identified in this press release. Similarly, NYSE Euronext does not make any recommendation regarding the purchase or sale of any company, security, financial product or investment, endorsed or sponsored by any company identified in this press release. This press release is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation or duty on NYSE Euronext or any of its affiliates. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
NYSE Euronext refers to NYSE Euronext and its affiliates and references to NYSE Euronext in this publication include each and any such company as the context dictates. NYSE Euronext, New York Stock Exchange, NYSE MKT, NYSE Alternext, NYSE Arca and NYSE Liffe are registered marks of NYSE Euronext. © 2013, NYSE Euronext - All rights reserved.



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