Lagardere S.C.A.
06 April 2006
Issuance of a Mandatory Exchangeable Bond with an upside exposure mechanism
by Lagardere SCA and relating to 7.5% of EADS equity
Lagardere SCA has announced the issue of a Mandatory Exchangeable Bond
redeemable in EADS shares, with a mechanism giving exposure up to 115% of the
reference price, entirely subscribed
by IXIS CIB.
Following the completion of JP Morgan & Morgan Stanley's market placement (part
of a co-ordinated DaimlerChrysler transaction), the Mandatory Exchangeable
Bond's reference price has been set
at 32.6 euros.
The Mandatory Exchangeable Bond is pledged by 61.1 millions EADS shares, and
represents around €1,990m.
Paris, April 6th 2006
The Lagardere Group is a market leader in the media sector (books, distribution/
retailing of cultural products, press and audiovisual). The Group also has
interests in the high technology sector via a 14.95% stake in EADS.
The Lagardere Group is listed on the Premier Marche of the Paris Stock Exchange.
Press contacts:
Thierry FUNCK-BRENTANO tel. +33 (0)1 40 69 16 34
e-mail : tfb@lagardere.fr
Arnaud MOLINIE tel. +33(0)1 40 69 16 72
e-mail : amolinie@lagardere.fr
Investor Relations contact:
Laurent CAROZZI tel. +33(0) 1 40 69 18 02
e-mail : lcarozzi@lagardere.fr
This information is provided by RNS
The company news service from the London Stock Exchange