Date Closed

March 28, 2012

Lead Office

Montréal

Value

400.00 Million USD

On March 28, 2012, Rexel, S.A. closed an offering of US$400 million of senior unsecured notes maturing in 2019.

This new offering will allow Rexel, S.A. to further enhance its financial flexibility and extend its debt maturity profile at affordable cost. The Notes will rank pari passu with Rexel, S.A.’s senior credit facility, 8.25% senior notes due 2016 and 7% senior notes due 2018.

Rexel, headquartered in Paris, France, specializes in the distribution of electrical supplies to professional users.

McCarthy Tétrault LLP represented Rexel, S.A., the issuer, and its Canadian subsidiary Rexel North America, the guarantor, with a team led by Richard O'Doherty.