Touax - Private placement14.12.2012 18:00:00 CET
PRESS RELEASE - Paris, 14 December 2012 - 6.00 pm
Touax announces the conclusion of a €15 million private placement with a six-year maturity
"The success of this transaction shows the TOUAX Group's ability to mobilize investor support in the long term, thanks to a stable economic model, offering both excellent visibility regarding future cash flow generation, and prospects for lasting growth.
After the success of the bond issue subscribed by the Micado France 2018 fund in October 2012, this transaction, which was concluded under satisfactory conditions, represents a new stage in the diversification of the Group's sources of financing," Fabrice and Raphaël WALEWSKI, Managing Partners of the TOUAX Group, are pleased to announce.
This €15 million private placement with a six-year maturity, at rate of 5.00%, was carried out with a French investor in the form of bonds listed on NYSE-Euronext Paris.
A prospectus certified by the French Financial Markets Authority (AMF) (receipt No.12-597) is available on the Group's website (www.touax.com).
TOUAX was assisted in this transaction by Kepler Capital Markets, advised by Linklaters LLP.
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