Sanofi-aventis successfully completesa tap on its October 2014 bondfor 500 million Euros, Sanofi Aventis France
Release Date: 2010-04-09
Paris, France – April 8, 2010 - Sanofi-aventis (EURONEXT: SAN and NYSE: SNY) - rated AA- by
Standard & Poor’s and A1 by Moody’s – announced today the issuance of a tap on its
October 10, 2014 bond in the amount of 500 million Euros, increasing the total principal amount of
this bond to EUR 1.2 billion.
This issue is made under the Company's Euro Medium Term Note Programme.
The main characteristics of the tap are as follows:
Principal Amount: 500 million Euros
Coupon: 3.125%
Issue Price: 102.667%
Maturity: October 10, 2014
Given a price of 102.667%, the cost of financing amounts to 2.488%, lower by 0.7 points than the
inaugural bond issue of this same maturity.
| Type: | NORMAL |
| Company: | Sanofi Aventis France |
| Country: | France |