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Published on 11/12/2019 in the Prospect News Private Placement Daily.

New Issue: Bureau Veritas settles €500 million placement of 1.125% bonds due 2027

By Devika Patel

Knoxville, Tenn., Nov. 12 – Bureau Veritas completed a €500 million oversubscribed private placement of 1.125% bonds due in January 2027, according to a company press release.

BNP Paribas Securities Corp., Natixis, Barclays Bank plc, Credit Agricole CIB, HSBC Bank plc and Societe Generale were the active joint bookrunners.

Proceeds will be used for general corporate purposes including the refinancing of some of its upcoming maturities.

Based in Neuilly-sur-Seine, France, Bureau Veritas provides testing, inspection and certification services.

Issuer:Bureau Veritas
Issue:Bonds
Amount:€500 million
Bookrunners:BNP Paribas Securities Corp., Natixis, Barclays Bank plc, Credit Agricole CIB, HSBC Bank plc and Societe Generale
Maturity:January 2027
Coupon:1.125%
Announcement date:Nov. 12
Distribution:Private placement

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