Rexel launches EUR 500 million share private placement to help fund GCG acquisition

By Public Technologies
  • Rexel launched a roughly EUR 500 million capital increase via a private placement of new shares, excluding pre-emptive subscription rights.
  • Accelerated bookbuild started immediately, with pricing set at completion; final terms targeted for release by Sept. 29, 2026.
  • Net proceeds earmarked to partly fund the acquisition of GCG, supporting a net debt-to-EBITDAaL ratio near 2.0x from 2027.
  • Settlement expected around Oct. 1, 2026; new shares will trade under ISIN FR0010451203.
  • Illustrative dilution: a 1% holder not participating would fall to about 0.96% on a non-diluted basis, using EUR 36.31 reference price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rexel SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609281200OMX_____CNEWS_FR_GNW1001275012_fr) on September 28, 2026, and is solely responsible for the information contained therein.

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