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Last updated on April 23, 2014 at 15:23 EDT

Saint-Gobain Signs a Euro 1.5 Billion Credit Facility With a 5 Year Maturity

December 7, 2012

PARIS, December 7, 2012 /PRNewswire/ –

Compagnie de Saint-Gobain signed today, with a group of 28 banks*, a revolving credit
facility for an amount of Euro 1.5 billion, maturing in December 2017.

The facility, initially planned for an amount of Euro 1 billion, was significantly
oversubscribed with bank commitments reaching in excess of Euro 2.2 billion. This enabled
Saint-Gobain to increase the size of the facility to Euro 1.5 billion and underlines
renewed banks’ confidence in the credit quality of Saint-Gobain.

The initial margin for the facility is set at 85 basis points, based on Saint-Gobain’s
long-term senior debt being currently rated BBB by Standard & Poor’s and Baa2 by Moody’s.

This credit facility is replacing a Euro 1 billion facility which was due to mature in
June 2013 and allows to reduce from Euro 3 billion to Euro 2.5 billion another facility
maturing in December 2015. This operation reinforces the group’s strong liquidity for the
next 5 years as all of these lines are undrawn.

* ANZ, Banco Santander, Bank of Tokyo-Mitsubishi UFJ, BBVA, BNP Paribas, Citi,
Commerzbank, Credit Agricole Corporate and Investment Bank, Credit Mutuel – CIC, HSBC,
Intesa Sanpaolo, JP Morgan, Mizuho, Natixis, Royal Bank of Scotland, Societe Generale
Corporate and Investment Banking and Unicredit are Mandated Lead Arrangers and
Bookrunners. Bank of America Merrill Lynch, Barclays, Credit Suisse, Danske Bank, Goldman
Sachs, ING, Lloyds, Morgan Stanley, SMBC, Toronto Dominion and UBS are Mandated Lead
Arrangers. Credit Agricole Corporate and Investment Bank is Facility Agent.

Saint-Gobain, the world leader in the habitat and construction markets, designs,
manufactures and distributes building materials, providing innovative solutions to the
challenges of growth, energy efficiency and environmental protection. With 2011 sales of
more than EUR42 billion, Saint-Gobain operates in 64 countries and has nearly 195,000
employees. For more information about Saint-Gobain, visit http://www.saint-gobain.com.

        Analyst/Investor relations

        Florence TRIOU-TEIXEIRA     +33-1-47-62-45-19
        Vivien DARDEL               +33-1-47-62-44-29
        Alexandra BAUBIGEAT         +33-1-47-62 30-93

        Press relations

        Sophie CHEVALLON            +33-1-47-62-30-48
        Susanne TRABITZSCH          +33-1-47-62-43-25

SOURCE Saint-Gobain


Source: PR Newswire