News List

Net debt and asset impairments for 2015

Nexans renews a revolving credit facility worth 600 million euros

On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2020.

Nexans concludes the divestment of its Argentinean activities

Following the agreement signed end of October 2015, Nexans confirms that it has concluded, as of December 1st, the divestment of its Argentinean activities to the group which controls the cable manufacturer Cimet in Argentina.

Appointment of Mrs Kathleen Wantz-O’Rourke as censor

The Nexans Board of Directors decided today to appoint Mrs. Kathleen Wantz-O’Rourke as censor with a view to proposing her candidature as member of the Board of Directors to the 2016 shareholders’ general meeting.

Antitrust investigation update

Paris, November 3, 2015 - Nexans announces that the investigation by the United States Department of Justice Antitrust Division into the submarine and underground power cable industry, previously disclosed by Nexans, has been closed without prosecution or sanction against any Nexans group company.

2015 Third-Quarter Financial Information

Today, Nexans announced its sales for the third quarter of 2015.

2015 First-Half Results

Paris, July 29, 2015 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 28, 2015 approved the Group's condensed consolidated financial statements for the first half of 2015.

The Nexans Group plans to reorganize business in Europe to support competitiveness

A study for a new savings project in Europe has been launched.

Decision not to issue a bond due to the volatility and the pricing conditions prevailing in the market

Considering the volatility and the pricing conditions prevailing in the market, Nexans has today decided not to proceed with a debt capital markets transaction at this point.

Not for distribution directly or indirectly in the United States, Canada, Australia or Japan / Bond issue project

Nexans has today launched the process of roadshow meetings with fixed income investors and, subject to market conditions, a bond issue may follow.