Michelin Luxembourg SCS: Michelin Group launches EMTN Programme
(02.04.2009 18:00 CET)
Press Release Regulated Information
World tire leader Michelin Group announces launch of a EUR 2 billion
Euro Medium Term Note (EMTN) programme. This is the first programme
of this type ever launched by the Group.
The programme, registered with the Luxembourg Stock Exchange on April
2, 2009, enjoys the following credit ratings by Moody's Investor
Service and Standard & Poor's respectively: Baa2 and BBB.
The EMTN programme arranged by Calyon provides a legal framework for
Michelin's future financing operations.
The programme, designed to strengthen Michelin Group's financial
structure, is in line with the Group's strategy for the medium-term.
The Base Prospectus of the programme is available on the internet
site of the Michelin Group at the following address:
www.michelin.com/corporate, under the heading « Finance », «
Regulated Information ».
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
