Seb announces the success of a private placement of 150 ME with a 12-year maturity, with institutional investors.
This placement, with no financial covenants, is the first financing with a maturity of over 10 years for Seb, enabling it to extend the average maturity of its debt.
' Its success testifies to investors' confidence in Groupe Seb's long-term strategy and outlook, following the oversubscribed financing, in the form of a Schuldschein, of 650 ME in December 2023 and a bank financing in the form of a Club Deal of 495 ME finalized in March 2024 with its relationship banks ' indicates the group.
With this institutional private placement, the group continues to diversify its sources of financing.
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The world leader in Small Household Equipment, SEB S.A. relies on 35 flagship brands (Tefal, Seb, Rowenta, Moulinex, Krups, Lagostina, All-Clad, WMF, Emsa, Supor, etc.) and a broad product portfolio:
- cookware: frying pans, saucepans, pressure cookers, utensils, etc.;
- small culinary appliances: items for electric cooking (deep fryers, rice cookers, pressure cookers, etc.), beverage preparation (coffee makers, kettles, etc.) or food preparation (blenders, food processors, etc.);
- small non-culinary household appliances: linen care equipment (irons, steam generators, steamers, steamers, etc.), vacuum cleaners, fans, and personal care equipment (hairdressing and depilation appliances, etc.).
At the end of 2023, the group operated 41 manufacturing sites worldwide.
Net sales are distributed geographically as follows: Western Europe (34.1%), Europe/Middle East/Africa (15.2%), China (27.9%), Asia (7%), North America (10.9%) and South America (4.9%).
SEB S.A. 
