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Faurecia is pleased to announce the success of the above transaction launched March 31, 2015. Faurecia priced the 2022 Additional Notes at 100.125% of par, or a yield of 3.11%.
An application will be made to list the Notes on the Irish Stock Exchange (Global Exchange Market). The settlement of the Notes is expected to occur on April 9, 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 100,000 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: http://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[...]
As a global leader in all its areas of business, the Group provides innovative solutions to automotive challenges. It works hand in hand with automakers to develop cars that are cleaner, lighter, more comfortable and easier to customize.
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