Safran looks to launch hefty US private placement

Safran_PA_575x373_May12
By Silas Brown
29 May 2020

Safran is set to sell a large US private placement this summer, as the French aerospace and defence company looks to extend its maturity profile.

The company said in a statement that it plans to issue US private placements in the near future, subject to market conditions.

Safran has history in the US PP market. In February 2012 it sold $1.2bn of US PPs across seven, 10 and 12 year maturities. Bank of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial