Skip to main content

Sodexo successfully completes €1.75bn refinancing of the Sustainability linked Syndicated Revolving Credit Facility

Written by Customer Service on . Posted in Public Companies.

Issy-les-Moulineaux, July 25, 2024 – Sodexo announces that it has amended and extended its core Syndicated Revolving Credit Facility for a further 5 years to July 2029 with two additional one-year extension options (up to 7 years in total). The facility has been upsized from circa €1.3bn to €1.75bn to incorporate its existing bilateral lines and will provide liquidity headroom for the Group. The facility remains aligned to Sodexo’s external sustainability commitments.

There has been a strong appetite to participate in this facility, with all of Sodexo’s existing banking partners providing commitments in addition to two newly invited banks.  BNP Paribas and Société Générale are acting as Coordinators and Mandated Lead Arrangers and Bookrunners.  Each of Banco Santander, S.A., Citibank, N.A. London Branch, Credit Industriel et Commercial and HSBC Continental Europe are acting as Mandated Lead Arrangers and Bookrunners, and each of ING Bank N.V. French Branch, J.P. Morgan SE, Natixis, Wells Fargo Bank International UC, and Goldman Sachs Bank Europe SE are acting as Mandated Lead Arrangers.

About Sodexo

Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in sustainable food and valued experiences at every moment in life: learn, work, heal and play. The Group stands out for its independence, its founding family shareholding and its responsible business model. Thanks to its two activities of Food and Facilities Management Services, Sodexo meets all the challenges of everyday life with a dual goal: to improve the quality of life of our employees and those we serve, and contribute to the economic, social and environmental progress in the communities where we operate. For Sodexo, growth and social commitment go hand in hand. Our purpose is to create a better everyday for everyone to build a better life for all. Sodexo is included in the CAC Next 20, Bloomberg France 40, CAC 40 ESG, CAC SBT 1.5, FTSE 4 Good and DJSI indices.

Key Figures

  • 22.6 billion euros Fiscal 2023
    consolidated revenues
  • 430,000 employees (as at August 31, 2023)
  • #1 France-based private employer worldwide
  • 45 countries
  • 80 million consumers served daily
  • 12.1 billion euros in market capitalization
    (as at July 23, 2024)

 

Contacts

Media Investor Relations
Mathieu Scaravetti
Tel: + 33 6 28 62 21 91
mathieu.scaravetti@sodexo.com		 Virginia Jeanson
Tel: +33 1 57 75 80 56
virginia.jeanson@sodexo.com

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.