SPIE completes €600 million bond offering with no stabilization

Published 12/06/2025, 13:30
SPIE completes €600 million bond offering with no stabilization

PARIS - French engineering services company SPIE SA has completed a €600 million bond offering with no market stabilization measures undertaken, according to a notice issued by Societe Generale (OTC:SCGLY) on Thursday.

The 5-year bonds, maturing on May 28, 2030, carry a fixed annual coupon of 3.75%. The securities were priced at 100% of their nominal value.

Societe Generale, which served as the stabilization manager for the transaction, reported that no stabilization actions were required during the offering period. Stabilization measures, which can include purchasing securities to support their market price, were authorized from May 21, 2025, through June 27, 2025.

The bonds have not been registered under the U.S. Securities Act of 1933 and were not offered for sale in the United States.

SPIE, headquartered in France, specializes in electrical, mechanical and HVAC engineering services, as well as energy and communications systems.

The information was disclosed in a regulatory announcement to the London Stock Exchange (LON:LSEG), based on a press release statement from Societe Generale.

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