EO Faurecia SA

FORVIA PRICES AN INAUGURAL 5-YEAR DOLLAR BOND ISSUANCE OF $500 MILLION SENIOR NOTES

FORVIA PRICES AN INAUGURAL 5-YEAR DOLLAR BOND ISSUANCE OF $500 MILLION SENIOR NOTES



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED (THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

NANTERRE (FRANCE)

MARCH 27, 2025

FORVIA PRICES AN INAUGURAL 5-YEAR DOLLAR BOND ISSUANCE OF $500 MILLION SENIOR NOTES

FORVIA has priced 500 million U.S. dollars of 8.00% senior notes due 2030.

This transaction is the inaugural dollar bond issuance by FORVIA and follows the €750 million bond issuance on March 24, 2025. After successful debt issuances on the Japanese bond market (Samurai) and the Schuldschein private placement market, it contributes to a further diversification of FORVIA’s funding sources.

The new senior notes obtained credit ratings of “BB+” by Fitch Ratings, “B1” by Moody’s and “BB-” by Standard& Poor’s.

FORVIA intends to use the proceeds of the offering of the new notes to repay existing maturities (each in full or in part).

An application will be made to list the new notes on the official list of Euronext Dublin (Global Exchange Market). The settlement of the new notes is expected to occur on April 4, 2025.

Olivier Durand, Chief Financial Officer of FORVIA, declared: “I would like to thank our new credit investors for their trust in FORVIA’s signature. Not only this inaugural bond contributes to our active refinancing strategy, but it also allows the Group to further expand its investor base, consistently with its global footprint.”



IMPORTANT NOTICE

This document is not an offer of securities for sale in the United States. The notes being offered by Forvia (the “Notes") may not be sold in the United States unless they are registered under the Securities Act or are exempt from registration. The offering of Notes described in this announcement has not been and will not be registered under the Securities Act, and accordingly any offer or sale of Notes may be made only in a transaction exempt from the registration requirements of the Securities Act.

It may be unlawful to distribute this document in certain jurisdictions. This document is not for distribution in Canada, Japan or Australia. The information in this document does not constitute an offer of securities for sale in Canada, Japan or Australia.

Promotion of the Notes in the United Kingdom is restricted by the Financial Services and Markets Act 2000 (the “FSMA”), and accordingly, the Notes are not being promoted to the general public in the United Kingdom. This announcement is directed solely at (i) persons located outside the United Kingdom, (ii) persons with professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order and (iv) persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000 (“FSMA”)) in connection with the issue or sale of any securities of the Issuer or any member of its group may otherwise lawfully be communicated or caused to be communicated (all such persons in (i) – (iv) above being “relevant persons”). Any investment activity to which this announcement relates will only be available to and will only be engaged with relevant persons. Any person who is not a relevant person should not act or rely on this announcement.

The offer and sale of the Notes will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of securities. This announcement does not constitute a prospectus within the meaning of the Regulation EU 2017/1129, as amended (the "Prospectus Regulation") or an offer to the public.

The offer and sale of the Notes will be made pursuant to an exemption under the UK Prospectus Regulation from the requirement to produce a prospectus for offers of securities.



This announcement does not constitute a prospectus within the meaning of the Prospectus Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation”) or an offer to the public.

MiFID II professionals/ECPs-only/No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as the Notes are not available to retail investors in EEA.

MiFIR professionals/ECPs-only/No UK PRIIPs KID – Manufacturer target market (UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No UK PRIIPs key information document (KID) has been prepared as the Notes are not available to retail investors in the UK.

Neither the content of Forvia’s website nor any website accessible by hyperlinks on Forvia’s

website is incorporated in, or forms part of, this announcement. The distribution of this

announcement into any jurisdiction may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions.

Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, no money, securities or other consideration will be accepted.



Attachment



EN
28/03/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Faurecia SA

Carole Braudeau
  • Carole Braudeau

Credit Morning 03/28/2025

The automotive sector strongly affected by tariffs announcements|Ubisoft to sell a 25% stake in a new entity owning its best assets to Tencent for € 1.16bn|Emeria: many uncertainties remain after the investor call|Atalian : 20% drop in EBITDA in Q4 24 and surprise departure of CEO|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 28/03/2025

Le secteur auto fortement touché par les annonces de droits de douane|Ubisoft va céder 25% d’une entité regroupant ses meilleurs actifs à Tencent pour 1,16 md EUR|Emeria : beaucoup d’incertitudes persistent après le call investisseurs|Atalian : chute de -20% de l’EBITDA au T4 24 et départ surprise du CEO|

 PRESS RELEASE

FORVIA PROCÈDE À UNE ÉMISSION OBLIGATAIRE INAUGURALE DE 500 MILLIONS D...

FORVIA PROCÈDE À UNE ÉMISSION OBLIGATAIRE INAUGURALE DE 500 MILLIONS DE DOLLARS AMÉRICAINS CE COMMUNIQUÉ NE DOIT PAS ÊTRE DIFFUSÉ, PUBLIÉ OU DISTRIBUÉ DIRECTEMENT OU INDIRECTEMENT À UNE PERSONNE AMÉRICAINE (TEL QUE DÉFINI DANS LA RÉGLEMENTATION S DE LA LOI AMÉRICAINE SUR LES VALEURS MOBILIÈRES DE 1993, TELLE QUE MODIFIÉE (LE « SECURITIES ACT »)) OU À TOUTE PERSONNE SITUÉE OU RÉSIDANT AUX ÉTATS-UNIS D'AMÉRIQUE, DANS SES TERRITOIRES ET POSSESSIONS (Y COMPRIS PUERTO RICO, LES ÎLES VIERGES AMÉRICAINES, GUAM, LES SAMOA AMÉRICAINES, L'ÎLE DE WAKE ET LES ÎLES MARIANNES DU NORD), DANS TOUT ÉTAT ...

 PRESS RELEASE

FORVIA PRICES AN INAUGURAL 5-YEAR DOLLAR BOND ISSUANCE OF $500 MILLION...

FORVIA PRICES AN INAUGURAL 5-YEAR DOLLAR BOND ISSUANCE OF $500 MILLION SENIOR NOTES NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1993, AS AMENDED (THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER JURISDICTION WHERE IT IS...

Felix Fischer ... (+6)
  • Felix Fischer
  • Haidje Rustau
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Atalian, PeopleCert, Playtech, Salt, Flora Food Group (formerly Upfield), Mahle, EnQuest Plc, Travelodge, CEMEX, Forvia (formerly Faurecia), Ineos, Oriflame, Ineos Quattro

ResearchPool Subscriptions

Get the most out of your insights

Get in touch