Vinci $450 million convertible bond issue

9/2/2017
Convertible and hybrid securities

$ 450 million

Completed

9/2/2017


Overview:

  • Vinci has issued $450 million cash-settled synthetic convertible bonds due 2022.
  • The nominal value of each bond will be $200,000, payable semi-annually in August and February of each year. 
  • The earnings will be used for general corporate purposes.
  • The bonds are admitted to trading on Euronext Paris and Frankfurt Stock Exchange. 
  • Vinci designs, finances and builds infrastructure and facilities in about 100 countries.

Anna Kozakova - Journalist

Jurisdiction:

France

Deal type:

Convertible and hybrid securities

Practice area:

Capital markets : Debt

Industry sector:

Construction and materials


Firm:

Party: Vinci (Issuer)