Saint-Gobain Extends The Maturity And Reduces The Cost Of A Euro 2.44 Billion Bank Facility

The current margin of this facility is reduced from 250 to 100 basis points over the Euriborrate, at Saint-Gobain’s current long-term senior debt rating of BBB by Standard & Poor’s and Baa2 by Moody's.
 
This operation underlines banks’ continued confidence in the credit quality of Saint-Gobain and allows the company to benefit from improved market conditions.
 
* Bank of America, BBVA, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Crédit Agricole Corporate & InvestmentBank, Citi, Crédit Mutuel – CIC, Deutsche Bank, JP Morgan, Mediobanca, Natixis, The Royal Bank of Scotland, Banco Santander, Société Générale Corporate & Investment Banking and UBS are bookrunners. Barclays, Commerzbank, HSBC, ING, Intesa SanPaolo, La Caixa and Nordea are mandated lead arrangers and Danske Bank is arranger. Crédit Agricole Corporate & Investment Bank is agent of the facility.
 
About Saint-Gobain
Saint-Gobain, worldwide leader in the habitat and construction markets, designs, manufactures anddistributes building materials. With 37.8 billion euros of sales in 2009, Saint-Gobain is present in 64countries and employs about 190,000 people.