GDF Suez offers to buy back €428.69 million titres participatifs

By Angela McDaniels

Tacoma, Wash., June 20 - GDF Suez SA began a tender offer for its €428,690,924.50 of outstanding tranche A titres participatifs, according to a company announcement.

The company is offering €800.00 per €762.25 principal amount of securities, or 104.952% of par.

The offer will end at 10 a.m. ET on July 10. The settlement date will be July 16.

The offer is not conditioned on the tender of any minimum amount of titres participatifs.

Titres participatifs purchased in the offer will be canceled.

The global coordinators are BNP Paribas (44 20 7595 8668 or liability.management@bnpparibas.com), Credit Agricole CIB (44 207 214 6712, 33 1 41 89 47 57 or liability.management@ca-cib.com) and Societe Generale (33 1 58 98 45 81 or liability.management@sgcib.com).

The centralizing agent is Societe Generale Securities Services (contact Eric Humbert by fax at 33 2 51 85 57 20 or by e-mail at nantes.gis-op-titres@sgss.socgen.com). The information agent is Lucid Issuer Services Ltd. (contact Thomas Choquet/Victor Parzyjagla by fax at 44 20 7704 0880 or by e-mail at gdfsuez@lucid-is.com).

GDF Suez, formerly Gaz de France, is an electric utility based in Paris.

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