Launch of a senior bond offering by Fnac Darty

On March 24, 2025, Fnac Darty SA announced the launch of a €300 million fixed-rate senior bond offering, maturing in 2032. These new bonds will be equivalent to the company's existing high-yield senior bonds, scheduled for 2029, as well as other senior debt.

The proceeds will be used primarily to repurchase the OCEANE convertible bonds and refinance the Unieuro acquisition. Fnac Darty also negotiated an extension of the maturity of its revolving credit facilities to 2032. This transaction demonstrates the company's operational strength, confirmed by its BB+ rating from S&P and BBB from Scope Ratings, both with a stable outlook.