OREANDA-NEWS. Schneider Electric launched yesterday a €750 million EMTN (Euro Medium Term Note) issue maturing in 10 years. The interest rate environment and market conditions helped to achieve a historically low coupon of 0.875%.

The details of the issuance are the following:

Amount

€750 million

Maturity

March 2025

Coupon

0.875%

Implied rate

0.999%


About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centers & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 170,000 employees achieved revenues of 25 billion euros in 2014, through an active commitment to help individuals and organizations make the most of their energy.