Seb: successful private placement of 150 ME

(CercleFinance.com) - 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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