Micado 201805.10.2012 18:00:00 CET
PRESS RELEASE - Paris, 5 October 2012 - 6.00 pm
TOUAX announces a bond issue subscribed by the Micado France 2018 fund managed by Portzamparc Gestion
"We are pleased that TOUAX is involved in this innovative bond issue project, which will make it possible to support the development of the Group's businesses and diversify its sources of financing, by providing access to the bond market" stated Fabrice and Raphaël WALEWSKI, Managing Partners of the TOUAX Group.
On October 9, 2012 TOUAX will carry out a bond issue for €7 million that will be subscribed by the Micado France 2018 fund. The bonds will have a fixed rate of interest of 6.25% with bullet maturity on October 2, 2018. They will be listed on the NYSE Alternext market.
A disclosure document concerning this operation is available on the Group's website (www.touax.com) and on the NYSE Alternext website.
The proceeds from the issue will be used to finance investments or leasing equipment belonging to the Group.
This bond issue is part of the Micado France 2018 project, a contractual fund invested in unrated bonds initiated by Accola, Middlenext and Investeam which enables medium-sized French companies to access the bond market.
TOUAX was assisted in the issue by Portzamparc Société de Bourse, advised by CMS Bureau Francis Lefebvre.
The TOUAX Group provides its operational leasing services to a global customer base, both for its own account and on behalf of investors. TOUAX is the European leader in shipping containers and river barges, and no. 2 in modular buildings and freight railcars (intermodal railcars). TOUAX is well positioned to take advantage of the rapid growth in corporate outsourcing of nonstrategic assets and offers efficient and flexible leasing solutions to more than 5,000 customers daily.
TOUAX is listed in Paris on NYSE EURONEXT - Euronext Paris Compartment C (Code ISIN FR0000033003) and on the CAC® Small and CAC® Mid & Small indexes and in SRD Long-only.
Contacts:
TOUAX
Fabrice & Raphaël Walewski
Managing partners
Tel: +33 (0)1 46 96 18 00
ACTIFIN
Ghislaine Gasparetto
ggasparetto@actifin.fr
Tel: +33 (0)1 55 88 11 11