Nexans: €500 million bond issue at 4.25% to refinance Republic Wire acquisition
The Courbevoie-based group raised 500 million euros on the bond market to replace the bridge loan contracted to finance the purchase of Republic Wire. The transaction is part of the group's strategy, positioning itself as a specialized player in electrification.
A €500 million bond issue with a five-year maturity
Nexans announced on September 9, 2026 the successful completion of a bond issue with a total nominal amount of 500 million euros, with a maturity of five years and an annual interest rate of 4.25%. The funds raised will be used to refinance the 500 million euro bridge loan concluded with BNP Paribas and Société Générale on April 27, 2026. This bridge loan had been put in place to finance the acquisition of Republic Wire, completed in June 2026. The bonds are rated BB+ by Standard & Poor's and admitted to trading on the regulated market of Euronext in Paris.
Institutional investors in France and abroad, according to Nexans
According to the group, the transaction was well received by institutional bond investors in France and abroad, which confirms in its view the market's confidence in the quality of its credit. Vincent Piquet, Chief Financial Officer of Nexans, indicated that this issue confirmed the market's confidence in the strategic acquisition of Republic Wire and in the group's strategy as a specialized player in electrification. He added that the group intends to continue the execution of this strategy while maintaining a disciplined approach to its financing. Nexans states that it seized the opportunity offered by a resilient market environment.
