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Early closing of the public offering of a bond for a total amount of
EUR 150 million
Due to the strong demand created by its public offering of a
five-year bond, D'Ieteren has decided, together with its banks, to
raise the amount available for subscription to EUR 150 million (net
proceeds: EUR 149.5 million).
This amount having been entirely subscribed from the first
subscription day, the initial subscription period planned until 17
December is now closed.
This bond issue is in line with the company's strategy of
diversifying its financial resources and will be used for its general
D'Ieteren is an international group, active in three sectors of
services to the motorist:
- D'Ieteren Auto which distributes in Belgium vehicles of
the makes Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini,
Bugatti, Porsche and Yamaha;
- Belron s.a., the world leader in vehicle glass repair and
replacement in Europe, North and South America, Asia, Australia and
New-Zealand through notably its CARGLASS®, AUTOGLASS®, SAFELITE® AUTO
GLASS, SPEEDY®, LEBEAU®, SMITH&SMITH® and O'BRIEN® brands;
- Avis Europe plc, one of the world leaders in short-term
car rental in Europe, Africa, the Middle East and Asia through the
Avis and Budget brands.
D'Ieteren and its activities are present in around 120 countries on 5
continents serving more than
18 million customers a year.
Jean-Pierre Bizet, Chief Executive Officer
Benoit Ghiot, Chief Financial Officer
Stéphanie Ceuppens, Financial Communication - Tel: + 32 (0)2
E-Mail: email@example.com - Website:
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.