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Published on 6/29/2020 in the Prospect News Private Placement Daily.

New Issue: bioMerieux places €200 million of seven-year bonds and 10-year bonds

By Devika Patel

Knoxville, Tenn., June 29 – bioMerieux placed €200 million of bonds in two tranches on June 15, according to a press release. BNP Paribas and Credit Agricole CIB were the agents.

The company sold €145 million of seven-year notes and €55 million of 10-year notes, with an aggregated annual coupon of 1.61%.

Proceeds will be partly used to refinance the existing €300 million public bond issued in 2013 which matures in October 2020.

bioMerieux is an in vitro diagnostics company located in Marcy-L'etoile, France.

Issuer:bioMerieux
Issue:Bonds
Amount:€200 million
Coupon:1.61% (aggregated annual)
Agents:BNP Paribas and Credit Agricole CIB
Announcement date:June 29
Distribution:Private placement
Seven-year notes
Amount:€145 million
Maturity:Seven years
10-year notes
Amount:€55 million
Maturity:10 years

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