| Press release |
| June 24, 2025 |
Clariane has successfully completed a bond issue in the amount of 400 million euros
Paris, June 24, 2025 – Clariane (CLARI.PA – ISIN FR0010386334), announces today that it has successfully completed the issuance of an unsecured bond for a total amount of 400 million euros, maturing in 5 years (27 June 2030), contributing to extension of the average maturity of its debt, with an annual coupon of 7.875%.
This bond issue has attracted significant interest from a large number of Tier 1 institutional investors, both French and international. The order book reached an amount in excess of 1.2 billion euros, representing an oversubscription rate of more than 3 times.
With the announcement of the disposal of its Petits-fils home care business on June 12th, Clariane finalized, six months ahead of schedule, its plan to strengthen its financial structure launched on November 14, 2023, for a total amount of €1.5 billion, in order, notably, to restore the Group’s normalized access to financing. This has been achieved with this market issuance, which allows Clariane to extend its maturities and demonstrates the support of investors and its financial partners in its strategy of reducing debt and strengthening its balance sheet.
The net proceeds from this bond issue will be used to refinance its existing debt (including the redemption of its OCEANE).
An application will be made for these bonds to be admitted to trading on the Global Exchange Market of Euronext Dublin. Settlement and admission to trading are expected to take place on 27 June 2025.
This issuance was led by Morgan Stanley as Joint Global Coordinator and Sole Active Bookrunner. Société Générale was the Co-Manager.
Disclaimer
This press release and the information contained herein do not constitute an offer to sell or subscribe, nor a solicitation of an order to purchase or subscribe the notes in any country, in particular in the United States. This press release and the information contained herein also do not constitute an offer to purchase nor a solicitation to sell the notes, nor an invitation to participate to the offer to purchase. The distribution of this press release may be restricted in some countries and be subject to specific regulations and persons in possession of this press release should inform themselves about and comply with any applicable restrictions.
This document contains forward-looking statements that involve risks and uncertainties, including those included or incorporated by reference, concerning the Group’s future growth and profitability that could cause actual results to differ materially from those indicated in the forward-looking statements. These risks and uncertainties relate to factors that the Company cannot control or estimate precisely, such as future market conditions. The forward-looking statements made in this document constitute expectations for the future and should be regarded as such. Actual events or results may differ from those described in this document due to a number of risks and uncertainties described in Chapter 2 of the 2024 Universal Registration Document filed with the AMF on 1 April 2025 under registration number D.25-0209, available on the Company’s website (www.clariane.com) and that of the AMF (www.amf-france.org). All forward-looking statements included in this document are valid only as of the date of this press release. Clariane S.E. undertakes no obligation and assumes no responsibility to update the information contained herein beyond the requirements of applicable regulations.
Readers are cautioned not to place undue reliance on these forward-looking statements. Neither Clariane nor any of its directors, officers, employees, agents, affiliates or advisors accepts any responsibility for the reasonableness of any assumptions or opinions expressed or for the likelihood of any projections, prospects or performance being achieved. Any liability for such information is expressly excluded. Nothing in this document is, or should be construed as a promise or representation regarding the future. Furthermore, nothing contained in this document is intended to be or should be construed as a forecast of results. Clariane’s past performance should not be taken as a guide to future performance.
The main Alternative Performance Indicators (APIs), such as EBITDA, EBIT, net debt and financial leverage, are defined in the Universal Registration Document available on the Company’s website at www.clariane.com.
About Clariane
Clariane is the leading European community of care in times of vulnerability. It has operations in six countries: Belgium, France, Germany, Italy, the Netherlands and Spain.
Relying on their diverse expertise, each year, the Group’s 63,000 professionals provide services to nearly 900,000 patients and residents in three main areas of activity: care homes (Korian, Seniors Residencias, etc.), healthcare facilities and services (Inicea, Ita, Grupo 5, etc.), and alternative living solutions (Ages & Vie, etc.).
In June 2023, Clariane became a purpose-driven company and added to its bylaws a new corporate purpose, common to all its activities: “taking care of each person’s humanity in times of vulnerability”.
Clariane has been listed on Euronext Paris, Section B since November 2006. The Group joined the SBF 120 index and the CAC® SBT 1.5° index on 23 September 2024.
Euronext ticker: CLARI.PA – ISIN: FR0010386334.
Stéphane Bisseuil Benoît Lesieur
Head of Investor Relations Deputy Head of Investor Relations – ESG
+33 6 58 60 68 69 +33 6 64 80 15 90
stephane.bisseuil@clariane.com benoit.lesieur@clariane.com
Julie Mary Florian Bachelet
Press officer Press officer
+33 6 59 72 50 69 +33 6 79 86 78 23
julie.mary@clariane.com florian.bachelet@clariane.com
