- Amount: €600 million
- Issuer: Air Liquide Finance
- Guarantor: L’Air Liquide S.A.
- Maturity: November 28, 2012
- Payment: November 28, 2008
- Format: fixed rate, repayment at maturity
- Coupon: 6.125%
This operation allows the Group to finance its growth strategy and replace part of its existing short term debt. The Group’s capital structure remains strong and this operation has strengthened the liquidity of the Group.
The bond issue was rated by Standard & Poor’s as “A”, consistent with the Group’s credit rating of “A/stable outlook”.
Upcoming events
Shareholders’ Fair (Actionaria) in Paris
21 and 22 November 2008
2008 annual revenue and results:
16 February 2009
Air Liquide
With more than 40,000 employees in 75 countries, Air Liquide is the world leader in industrial and medical gases and related services. The Group offers innovative solutions based on constantly enhanced technologies and produces air gases (oxygen, nitrogen, argon, rare gases…) and many other gases including hydrogen. The Group contributes to the manufacturing of many everyday products: bubbles in sparkling beverages, protective atmosphere for packed foods, oxygen for hospitals and homecare patients, ultra-pure gases for the semiconductor industry, hydrogen to desulfurize fuels...
Air Liquide is committed to sustainable development and helps to protect life. Founded in 1902, Air Liquide has successfully developed a long-term relationship with its shareholders built on trust and transparency and guided by the principles of corporate governance. Since the publication of its first consolidated financial statements in 1971, Air Liquide has posted strong and steady earnings growth. Sales in 2007 totaled 11,801 million euros, with sales outside France accounting for almost 80%. Air Liquide is listed on the Paris stock exchange and is a component of the CAC 40 and Eurostoxx 50 indices (ISIN code FR 0000120073).
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