Placed € 750 Million bond issue with 7 years maturity

Successfully placed € 750 million bond issue with 7 years maturity

Issue Price of 99.002 with a coupon rate of 2.50%

"The strong interest from the market resulted in orders in the range of € 2 billion, confirming the Group’s credibility with the fixed income investors, credibility that is acknowledged on the base of our strong and consistent track record of cash generation. With this transaction we further strengthen the financial structure and achieve a significant result in terms of average maturity extension and diversification of the financing sources”, states CFO Pier Francesco Facchini.

The bonds will have a maturity of 7 years and will pay an annual fixed coupon equal to 2.50%, with an issue price equal to 99.002. The bonds, due on 11 April 2022, have minimum denominations of €100,000, plus integral multiples of €1,000. The bonds’ settlement date is expected to be 9 April 2015.

Prysmian Spa has applied for the listing of the bonds on the Official List of the Luxembourg Stock Exchange and for admission to trading on the Luxembourg Stock Exchange’s regulated market. In connection with the issue of the bonds, stabilization actions might be carried out in accordance with all applicable laws and regulations.

The bond offering has been managed by Banca Akros Spa, Banca IMI Spa, Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, ING Bank NV and Unicredit Bank AG, as joint lead managers.