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

MediaInvestor 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.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.