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Sodexo issues 1.1 billion euro in bonds

June 24, 2014

Sodexo issues 1.1 billion euro in bonds Issy-les-Moulineaux, June 24, 2014 - Sodexo has completed today a 1.1 billion euro bond issuance structured in two tranches: 600 million euro maturing in 7.5 years and another tranche for 500 million euro maturing in 12 years. The transaction was significantly oversubscribed and mainly placed with European investors. The average interest rate on the borrowing is 2.1%, with a 1.75% coupon on the 7.5-year tranche and a 2.5% coupon on the 12-year portion. It should be noted that Standard & Poor's raised Sodexo's rating from BBB+ to A- in February 2014. This issuance follows the 1.1 billion U.S. dollar private placement transaction (USPP) in March 2014 (with maturities at 5, 7, 10, 12 and 15 years and at an average rate of 3.8%). These transactions allow Sodexo to: * in particular, refinance the euro bonds maturing in March 2014 and January 2015; * significantly extend the maturity of its borrowings; and progressively reduce the cost of financial borrowings. About Sodexo Founded in 1966 in Marseille by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 80 countries, Sodexo serves 75 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services. Through its more than 100 services, Sodexo provides clients an integrated offering developed over more than 45 years of experience: from reception, maintenance and cleaning, to foodservices and facilities and equipment management; from Meal Pass, Gift Pass and Mobility Pass benefits for employees to in-home assistance and concierge services. Sodexo's success and performance are founded on its independence, its business and financial model and its ability to continuously develop and engage its 428,000 employees throughout the world. +-------------------------------------------------------------------+ | Key figures (as of August 31, 2013) | | 18.4 billion euro in consolidated revenues | | 428,000 employees | | 18th largest employer worldwide | | 80 countries | | 33,300 sites | | 75 million consumers served daily | | 12.3 billion euro in market capitalization (as of April 16, 2014) | +-------------------------------------------------------------------+ Contact Pierre BENAICH Tel & Fax: +33 1 57 75 80 56 pierre.benaich@sodexo.comSodexo issues 1.1 billion euro in bonds : http://hugin.info/157633/R/1800994/620779.pdf This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Sodexo via GlobeNewswire [HUG#1800994]


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