Vallourec has mandated Natixis to conduct* its 2022 250m OCEANE convertible bond issue**. This is the first bond issue of the world leader in premium tubular solutions Vallourec since 2014. Net proceeds from the issue will be used for the company's general corporate purposes.
The issue was a great success. Following strong investor demand, the initial amount of 170 million has been increased to 250 million. This deal confirms Natixis leading position on the French equity-linked market.
*Global coordinator
**Bond convertible into new or existing shares
