Fnac Darty today announced the completion of the refinancing of its long-term bond debt.

This operation will enable the Group to benefit from a longer maturity profile and maintain solid long-term liquidity, while optimizing its cash management.

The Group today successfully completed a bond issue for a total amount of 550 million euros maturing in April 2029, bearing a fixed annual interest rate of 6%.

This transaction was well received by a diversified base of institutional investors in France and abroad, and was oversubscribed several times.

Settlement and delivery of the new bonds is scheduled for March 28, 2024, subject to customary closing conditions.


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