Rexel Successfully Places €400 Million Senior Notes Offering

Rexel, a leading distributor of energy products and services across multiple channels, has successfully issued €400 million of 4.000% unsecured senior notes due in 2030. The placement aims to enhance Rexel's financial structure by extending its debt maturity profile under favorable conditions. Settlements, as well as the listing of the notes on the Euro MTF market of the Luxembourg Stock Exchange, are anticipated to occur around September 9, 2025.

The notes, maturing on September 15, 2030, will be callable from September 2027 and have been rated Ba1 by Moody’s and BB+ by S&P. Rexel plans to use the proceeds from this issuance for general corporate purposes.

No securities will be publicly offered in France or other jurisdictions, following specific legal frameworks and regulations, including the U.S. Securities Act of 1933, as amended.