"This press release is not an offer of securities in France, in the United States or any other jurisdiction. The bonds may not be offered or sold in the United States or to, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended) unless they are registered or exempt from registration under the U.S. Securities Act of 1933, as amended. Nexans does not intend to register any portion of the proposed offering in the United States or to conduct an offering of securities in the United States."
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NEXANS ANNOUNCES A BOND ISSUE. EARLIER RELEASE OF 2007 FIRST QUARTER SALES.
Paris, April 17, 2007 – Nexans, the worldwide leader in the cable industry, announces today its intention to issue a Euro denominated bond.
The objective of this issue is to lengthen the average maturity of the group’s existing debt. The transaction will take place in the coming weeks after presentations to potential investors and provided that market conditions are favourable.
In view of the foregoing, the press release concerning the 2007 first quarter sales originally scheduled to be published on April 26th, will be issued today after the closing of Euronext Paris.
Met energie aan de basis van haar ontwikkeling biedt Nexans, wereldmarktleider in de kabelindustrie, een uitgebreid gamma kabels en kabelsystemen. De Groep is een wereldspeler op infrastructuur-, industrie- en bouwmarkten. Nexans richt zich op een reeks marktsegmenten gaande van energie, transport- en telecomnetwerken tot scheepsbouw, olie en gas, nucleair, automotive, elektronica, luchtvaart, handling en automatisering.
Met een industriële aanwezigheid in meer dan 30 landen en commerciële activiteiten wereldwijd, stelt Nexans 21.000 mensen tewerk en realiseerde in 2006 een omzet van 7,5 miljard euro. Nexans is genoteerd op de beurs van Parijs, compartiment A van de Eurolist van Euronext.
Meer informatie op www.nexans.be
