Faurecia gave notice of redemption on March 17, 2015 that it will repay in full the €250 million of 8.75% Senior Notes due June 2019.
These Notes will be redeemed on or about April 17, 2015, at a redemption price of 100% of the principal amount of these Notes, plus the Applicable Premium (as defined in the redemption notice below), and accrued interest up to April 17, 2015.
Faurecia is one of the world's largest automotive equipment suppliers with four Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2014, the Group posted total sales of €18.8 billion. At December 31, 2014, Faurecia employed 99,500 people in 34 countries at 330 sites and 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market. For more information, visit: www.faurecia.com
Executive Vice-President, Finance
Michel Favre graduated from HEC business school in 1982 began his career as bank auditor and consultant. He worked with Valeo during 13 years before joining Altadis Group in July 2001, where[...]