Silic - Leading business park owner in the Paris region

ORNANE - 3rd November 2010


A new source of growth of SILIC

Silic has made a net share settled bond (ORNANE) issue of approximately €175 million, due 1 January 2017. The final price of the bonds was set at €124.59, making an issue premium of 30% over the reference share price. The bonds will pay an annual coupon of 2.50%.

Purpose of the issue : 
  • Diversify our sources of financing, which until now mainly comprised bank debt;
  • Capitalise on current market conditions to optimise financing terms and conditions;
  • Finance future or existing development projects.

 

The documents of this emission :

 

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