SPIE stock funds refinancing with EUR 500 million bond

Published on 09/23/2026 at 13:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SPIE stock secured EUR 500 million in sustainability linked notes on September 22, 2026, with a 4.875 percent coupon. The shares closed at EUR 43.00.

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SPIE SA (FR0012757854) closed at EUR 43.00 on Euronext Paris on September 22, 2026, down EUR 0.72, or 1.65 percent, from the previous close of EUR 43.72. The company is refinancing debt through EUR 500 million of sustainability linked senior notes due in 2032.

EUR 500 million refinancing plan

According to Ad-hoc-News on September 22, 2026, SPIE placed EUR 500 million of sustainability linked senior notes carrying a 4.875 percent coupon and maturing in 2032. Settlement is expected on September 28, 2026, subject to the transaction terms.

The proceeds are intended for general corporate purposes and partial refinancing of existing indebtedness. SPIE also launched a repurchase invitation for its 2028 convertible bonds, targeting approximately EUR 388 million against EUR 400 million of initial nominal value; the outstanding amount was EUR 387.4 million as of September 21, 2026, according to the same Ad-hoc-News report.

Convertible bond deadlines approach

The financing timetable gives the transaction a series of dated checkpoints. According to Ad-hoc-News, final repurchase results and the final price are expected on September 24, 2026, settlement of the repurchase on October 1, 2026, and early redemption of remaining 2028 convertible bonds on October 22, 2026.

The scale of the refinancing is visible in the comparison between the EUR 500 million bond issue and the EUR 387.4 million outstanding convertible bond balance reported for September 21, 2026. The new notes therefore exceed that balance by EUR 112.6 million, before transaction costs and any other corporate funding uses.

Stock value and market position

SPIE had a market capitalization of EUR 7.264 billion as of September 22, 2026. The closing price of EUR 43.00 and the daily decline of 1.65 percent provide the current market reference while the refinancing process moves toward its next settlement dates.

SPIE is listed under ticker SPIE on Euronext Paris and is classified in the industrials and engineering and construction sector. The company is also included in the CAC Next 20 index, whose composition listed SPIE under ISIN FR0012757854 on September 21, 2026, according to Euronext.

SPIE stock closes at EUR 43.00

SPIE stock closed at EUR 43.00 on Euronext Paris on September 22, 2026, with a market capitalization of EUR 7.264 billion on the same date. The next disclosed financing checkpoint is the expected announcement of final repurchase results on September 24, 2026.