BNP Paribas in Belgium News & press
April 5, 2005 -

GBL EUR 435m Exchangeable bond into treasury shares – 30March 2005

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Groupe Bruxelles Lambert (GBL), one of the largest listed holding companies in Europe and one of Belgium’s top ten companies (with a market capitalisation of EUR 9.7bn), has successfully issued a EUR 435m exchangeable bond into treasury shares, maturing on 27 April 2012.
Proceeds of the issue will be used for general corporate purposes, GBL taking advantage of attractive market conditions prevailing currently on the equity-linked market.
BNP Paribas Corporate Finance acted as Joint Lead Manager and Joint Bookrunner among with UBS.