GOLDSTORY S.A.S. announces launch of offering of Sustainability-Linked Senior Secured Notes due 2030
Goldstory S.A.S. (“Goldstory” and, together with its consolidated subsidiaries, the “Group”) announced today the launch of an offering of €850 million aggregate principal amount of sustainability-linked senior secured notes due 2030 (the “Notes”) to be issued by Goldstory. Goldstory intends to use the proceeds of the Notes to (i) redeem in full Goldstory’s senior secured notes due 2026, including paying accrued and unpaid interest, (ii) fund distributions to the Group’s shareholders and (iii) pay all fees and expenses related to the transactions.
About THOM
We are a leading European jewelry retailer by number of stores, with a strong position in Europe in the affordable jewelry sector. Our product offering comprises primarily precious jewelry, complemented by watches and costume jewelry. We are active primarily in France and Italy, where we hold a leading market position in each national market. Our products are available through our network of 1,017 directly operated stores and 60 corners, including 543 stores and wedding fairs in France as well as 37 corners , 389 stores in Italy, 54 stores in Germany, 25 stores and wedding fairs in Belgium, 3 stores and 23 corners in Spain, 2 stores in China and 1 store in Luxembourg as of September 30, 2023, as well as 6 e-commerce platforms in France and Belgium (histoiredor.com and marc-orian.com, agatha.fr), Italy (stroilioro.com), Spain (agatha.es) and Germany (orovivo.de). We also have 38 affiliated partner stores in France as well as wholesale activity through our French subsidiary (Timeway France) and our Italian subsidiary (Timeway Italy).
Contact
For further information, please contact:
Carole Danel
Group Financial Controlling Director / IR Manager
E-mail: investorrelations@thomgroup.com