SPIE announced on September 22, 2026, the successful placement of €500 million of senior sustainability-linked notes due 2032, carrying a 4.875% annual coupon and a 5.5-year maturity. Settlement is expected on September 28, with proceeds earmarked for general corporate purposes and partial refinancing of existing debt, including SPIE’s €400 million initial issue of ORNANEs due January 17, 2028, identified by ISIN FR001400F2K3. SPIE launched a reverse-bookbuilding invitation targeting approximately €388 million of those securities. The indicative repurchase price is €135,000 to €135,250 per €100,000 principal amount, subject to adjustment for SPIE’s share-price movement, plus accrued interest. The results are expected September 24 and settlement October 1, conditional on the new notes being settled. SPIE also plans to redeem all remaining 2028 ORNANEs on October 22 at par plus accrued interest, or €100,527.17 per ORNANE. Holders can exercise conversion or exchange rights through October 13. SPIE reported that 126 of the 4,000 ORNANEs issued in 2023 had been exercised, leaving 3,874 outstanding as of the announcement. SPIE describes itself as the independent European leader in multi-technical services for energy and communications, with 55,000 employees, 2025 revenue of €10.4 billion and EBITA of €793 million.