Air Liquide Issues CHF 640 Million Multi-Tranche Bond

Air Liquide has successfully issued a CHF 640 million multi-tranche bond, marking a significant move in its financing strategy. The bond, issued by Air Liquide Finance and guaranteed by L'Air Liquide SA, consists of three tranches with different maturities. The first tranche, CHF 140 million, matures in 2031 with a 0.6225% coupon. A second tranche of CHF 300 million matures in 2034 with a 0.9571% coupon. The final tranche, CHF 200 million, matures in 2038, offering a 1.3125% coupon.

This issuance under the Euro Medium Term Note programme achieves a weighted average interest rate below 1.00% annually. The bonds will be listed on the SIX Swiss Exchange. Proceeds will be used for general corporate purposes. Rated 'A' by leading agencies, this reflects investor confidence.

Group CFO Jérôme Pelletan emphasizes this issuance as a key step in diversification, underlining Air Liquide's financial agility and strength. The transaction supports long-term growth and showcases trust in Air Liquide's business model.