Rueil-Malmaison (France), March 24, 2009 - Schneider Electric SA announced today that it has completed a €250 million bond issue with the same financial terms and conditions as its 4% August 2017 bonds. This issue, which will be fungible with the latter subject to one condition precedent, pays interest at less than 6%. It enables the Group to lengthen its debt maturity profile and enhance its liquidity on attractive terms.
About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 114,000 employees achieved sales of more than 18.3 billion euros in 2008, through an active commitment to help individuals and organisations “Make the most of their energy™”.