Vinci: successful 400 ME bond issue

(CercleFinance.com) - Vinci announces that its issue of non-dilutive synthetic convertible bonds redeemable only in cash has been successfully completed for 400 million euros, compared with the 375 million initially planned.


These bonds, issued at par on February 18, 2025 and maturing in 2030, will carry an annual nominal interest rate of 0.70%.

Vinci specifies that the net proceeds of the transaction will be used to finance the Group's general corporate purposes and to purchase options to hedge its economic exposure in the event of conversion.

The issue was placed with institutional investors without a public offering, and Vinci plans to apply for admission of the shares on Euronext Access.

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