October 28, 2009 12:59 ET

HAVAS : Successful launch of Havas's Bond Issue

SURESNES, FRANCE--(Marketwire - October 28, 2009) - Havas today launched and priced successfully a EUR 350 million, 5 year (due in November 2014) inaugural bond issue, with an annual coupon of 5.5%.

The order book reached a total of around EUR 1 billion within thirty minutes, demonstrating the confidence that investors have in Havas's strategy and development.

This bond issue will enable Havas to diversify its funding sources, to lengthen the maturity of its debt profile and to give the group the means to continue its growth.

CM-CIC Securities, Natixis and Oddo & Cie acted as bookrunners on this bond issue.

About Havas

Havas (Euronext Paris: HAV.PA) is a global advertising and communications services group. Headquartered in Paris, Havas operates through its two Business Units (the term " Business Unit " will from now on replace the term " Division"), Havas Worldwide and Havas Media, in order to optimize synergies and further reinforce Havas's position as the most integrated of all of the major holding companies. Havas Worldwide incorporates the Euro RSCG Worldwide network as well as agencies with strong local identities: Arnold in the USA, the UK and Italy, H and W&Cie in France, Palm+Havas in Canada... Havas Media incorporates the MPG, Arena, Havas Sports & Entertainment and Havas Digital networks. A multicultural and decentralized Group, Havas is present in more than 75 countries through its networks of agencies and contractual affiliations. The Group offers a broad range of communications services, including traditional advertising, direct marketing, media planning and buying, corporate communications, sales promotion, design, human resources, sports marketing, multimedia interactive communications and public relations. Havas employs approximately 14,700 people.

Further information about Havas is available on the company's website:

Forward-Looking Information

This document contains certain forward-looking statements which speak only as of the date on which they are made. Forward looking statements relate to projections, anticipated events or trends, future plans and strategies, and reflect Havas' current views about future events. They are therefore subject to inherent risks and uncertainties that may cause Havas' actual results to differ materially from those expressed in any forward-looking statement. Factors that could cause actual results to differ materially from expected results include changes in the global economic environment or in the business environment, and in factors such as competition and market regulation. For more information regarding risk factors relevant to Havas, please see Havas' filings with the Autorité des Marchés Financiers (documents in French) and, up to October 2006, with the U.S. Securities and Exchange Commission (documents in English only). Havas does not intend, and disclaims any duty or obligation, to update or revise any forward-looking statements contained in this document to reflect new information, future events or otherwise.

This information is provided by HUGIN

Contact Information

  • Contacts :
    Lorella Gessa
    Director of Communications
    Tel: +33 (0)1 58 47 90 36
    Email Contact

    Investor Relations:
    Hervé Philippe
    Chief Financial Officer
    Tel: +33 (0)1 58 47 91 23
    Email Contact

    Elsa Cardarelli / Nadege Cense
    Director of Investor Relations
    Tel: +33 (0)1 58 47 91 94
    Email Contact / Email Contact

    2 allée de Longchamp 92281 Suresnes Cedex, France
    Tel +33 (0) 1 58 47 90 00 Fax +33 (0) 1 58 47 99 99
    SA au capital de 171 947 729,20 EUR - 335 480 265 RCS Nanterre -
    APE 7311Z