DEME launches successful first bond issue on NYSE Alternext

Back

Brussels, 14 February 2013 – NYSE Euronext (NYX) today announced a successful €200 million bond issue on NYSE Alternext by DEME, the Belgian dredging, environmental and marine engineering group. The company is the first issuer of bonds on NYSE Alternext in Brussels, a market designed for SMEs with more flexible listing requirements.

DEME has won a prominent position on the world market in a number of highly specialized and complex hydraulic disciplines. The Group can look back on nearly 150 years of experience in its core dredging and land reclamation activities and hydraulic engineering.  Today, the company is active in over 90 different countries and has a permanent workforce of 4,200 dedicated people. DEME companies can rely on a dredging fleet consisting of 90 main vessels backed by a broad range of auxiliary equipment. In 2011 at Group level a turnover amounting to €1.766 billion was generated.

The bonds, issued by DEME on 6 years with a maturity date on 14 February 2019, have been entirely subscribed on the first day of the subscription period for the maximum amount of €200 million. Consequently, the subscription period has been closed early. The DEME bonds, priced at a nominal of €1000, will generate an annual interest of 4.145%. paid every 14 February starting next year.

We are delighted with the success of DEME’s bond issue on NYSE Alternext. Our tailor-made market for small and mid-caps offers a solution suited to the needs of SMEs seeking capital,” said Alain Baetens, Head of Listings Belgium at NYSE Euronext Brussels.

Especially for SMEs, the engine of our Belgian economy, it is vital to be able to raise capital for future growth. NYSE Euronext works closely on continuous improvement to fine-tune the structure of the bond offering and give greater visibility to issues by SMEs,”added Vincent Van Dessel, Chairman and CEO of NYSE Euronext Brussels.

BNP Paribas Fortis, ING Belgium and KBC Bank acted as joint lead managers for the issue of this bond. Belfius Bank, Econopolis and Bank Delen acted as co-lead managers.

Press Release Footer

About Euronext 
Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway, and Portugal. As of December 2024, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal host over 1,800 listed issuers with around €6 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. 
For the latest news, follow us on X (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2025, Euronext N.V. - All rights reserved.