Post by Societe Generale Corporate and Investment Banking - SGCIB

Warm congratulations to Rexel on the successful pricing of its €400m 5‑year convertible bond, on which Societe Generale acted as Joint Structuring Bank and Joint Global Coordinator.   - €400m raised at very attractive terms: 1.00% coupon and 35% conversion premium. - First benchmark‑size convertible bond issued by a French corporate in 2026. - Rexel’s first return to the convertible bond market since its re‑IPO in 2007.   The transaction benefited from strong investor demand and impressive momentum, allowing Rexel to optimize financing conditions and diversify its investor base, while the shares traded positively on the day of pricing.   This successful execution highlights Rexel’s strong market access and confirms continued appetite for high‑quality equity‑linked issuances.