Nexans successfully completes a EUR 500 million bond issuance
Nexans replaces its Republic Wire acquisition bridge loan with a EUR 500 million, 5-year bond paying 4.25% and listed in Paris.
Rhea-AI Summary
Nexans (NEXNY) completed a EUR 500 million bond issuance on September 9, 2026, with a 5-year maturity and a fixed annual coupon of 4.25%.
The proceeds will refinance a EUR 500 million bridge term loan arranged with BNP Paribas and Société Générale on 27 April 2026, which was used to fund the June 2026 acquisition of Republic Wire. The company states that the deal took advantage of a resilient market environment and was well received by institutional fixed income investors in France and abroad, supporting confidence in Nexans' credit quality and its electrification-focused strategy. The bonds are rated BB+ by Standard & Poor’s and are admitted to trading on the regulated market of Euronext Paris.
Positive
- EUR 500 million 5-year bond secures longer-term funding versus the bridge loan
- Proceeds fully refinance the EUR 500 million bridge term loan used for Republic Wire
- Bonds carry a 4.25% annual coupon, providing fixed-rate visibility on debt cost
- Issue rated BB+ by S&P and admitted to trading on Euronext Paris
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Nexans successfully completes a EUR 500 million bond issuance
Paris, September 9, 2026 – Nexans announces today the success of a bond issuance in an aggregate principal amount of EUR 500 million with a 5-year maturity and an annual interest rate of
The proceed of this bond issuance will be used to refinance the EUR 500 million bridge term loan Nexans entered into with BNP PARIBAS and Société Générale on 27 April 2026. This bridge term loan was put in place to fund the acquisition of Republic Wire in June 2026.
Nexans seized the opportunity offered by a resilient market environment and the transaction has been welcomed by institutional fixed income investors in France and abroad, confirming the market's confidence in the Group's credit quality.
Vincent Piquet, CFO of Nexans declared: “This successful bond issuance confirms the market’s confidence in the strategic acquisition of Republic Wire and our strategy as a pure player of electrification. We will continue to execute on that strategy, while maintaining a disciplined approach to financing".
The bonds are rated BB+ by Standard & Poor’s and are admitted to trading on the regulated market of Euronext in Paris.
DISCLAIMER
This press release does not constitute an offer to subscribe to the bonds in or from any country or jurisdiction to whom or in which such offer would be unlawful under the applicable laws and regulations.
The distribution of this press release may be restricted by law in certain jurisdictions. Persons into whose possession this press release comes should inform themselves about and observe any applicable legal and regulatory restrictions.
The bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any other jurisdiction and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in “Regulation S” under the Securities Act) (the “U.S. Persons”) absent registration or an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws.
About Nexans
Nexans is the global pure player in sustainable electrification, building the essential systems that power the world’s transition to a connected, resilient, and low-carbon future. From offshore and onshore renewable energies to smart cities and homes, Nexans designs and delivers advanced cable solutions, accessories and services that electrify progress safely, efficiently, and sustainably.
With over 140 years of history, through three core businesses: PWR Transmission, PWR Grid, and PWR Connect, Nexans blends deep industry expertise with cutting-edge innovation to accelerate the energy transition, and better meet its customers' needs. Its unique E3 model, focused on Environment, Economy and Engagement, drives every action, aligning performance with purpose.
Nexans operates in 39 countries with 12,830 people and generated
Nexans is listed on Euronext Paris, Compartment A.
www.nexans.com | #ElectrifyTheFuture
Contacts:
Investor relations
Audrey Bourgeois
Tel.: +33 (0)1 78 15 00 43
audrey.bourgeois@nexans.com
Communication
Mael Evin (Havas Paris)
Tel.: +33 (0)6 44 12 14 91
nexans_h@havas.com
Maellys Leostic
maellys.leostic@nexans.com
Olivier Daban
olivier.daban@nexans.com
Attachment
FAQ
What will Nexans use the EUR 500 million bond proceeds for?
The proceeds from the EUR 500 million bond issuance will be used to refinance the EUR 500 million bridge term loan that Nexans entered into with BNP Paribas and Société Générale on 27 April 2026, which financed the acquisition of Republic Wire in June 2026.
What are the main terms of the new Nexans bond?
The bond has an aggregate principal amount of EUR 500 million, a maturity of 5 years and carries a fixed annual interest rate of 4.25%. It is rated BB+ by Standard & Poor’s and is admitted to trading on the regulated market of Euronext in Paris.
How does Nexans describe investor reception and market context for the bond?
Nexans states that it seized an opportunity offered by a resilient market environment and that the transaction was welcomed by institutional fixed income investors in France and abroad, which the company says confirms market confidence in its credit quality and its strategy as a pure player in electrification.