PSA Peugeot Citroën Announces the Signature of a €3-Billion Syndicated Credit Facility

Regulatory News:

Today, PSA Peugeot Citroën (Paris:UG) signed a new €3-billion syndicated credit facility comprising a €2.0-billion tranche expiring in five years and a €1.0-billion tranche expiring in three years with two optional one-year extensions.

The line of credit is contingent on the completion of the share and rights issues announced last 19 February and will replace the €2.4-billion facility arranged in July 2010 and expiring in July 2015.

The new facility was underwritten in an amount of €2.7 billion by nine banks in February and subsequently syndicated. Although amply oversubscribed, the total amount was deliberately capped at €3.0 billion.

The banks’ confidence in the manufacturing and sales partnership and in the proposed transactions presented by PSA Peugeot Citroën last 19 February was reflected in the participation of 25 banks from 11 countries, the highly competitive pricing and the duration of the line, which has not been offered on a Peugeot S.A. syndicated credit facility since March 2005, when it was rated investment grade.

In conjunction with the share and rights issues announced on 19 February, the new facility is designed to strengthen the Group’s financial profile, robustness and financial security.

About PSA Peugeot Citroën
With its three world-renowned brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold 2.8 million vehicles worldwide in 2013, of which 42% outside Europe. The second largest carmaker in Europe, PSA Peugeot Citroën recorded sales and revenue of €54 billion in 2013. The Group is the European leader in terms of CO emissions, with an average of 115.9 grams of CO₂/km in 2013. PSA Peugeot Citroën has sales operations in 160 countries. It is also involved in financing activities (Banque PSA Finance) and automotive equipment (Faurecia).
For more information, please visit www.psa-peugeot-citroen.com

Communications Department, Media relations : 75 av. de la Grande Armée - 75116 Paris
Telephone (33 1) 40 66 42 00 - www.psa-peugeot-citroen.com