Dassault Systèmes successfully prices €3.65 billion bonds

 PARIS, France – September 10th, 2019 – Dassault Systèmes, the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announces that it has successfully priced its inaugural senior unsecured Eurobonds in four tranches for a total of €3.65 billion.

This bond issue has the following maturities: 3 years and 5 years, which carry zero coupons and 7-year and 10-year tranches priced at 0.19% and 0.44% respectively. The resulting average borrowing rate is 0.16% for a bond issue with an average term of about 7 years.

The proceeds of the issue of the bonds will be used for general corporate purposes, including the financing in part of the acquisition of Medidata Solutions Inc and the refinancing at excellent conditions of a 650 million euro bank loan that was to mature in 2022.

The bonds are rated A- / Stable by S&P Global Ratings. The settlement date will be on September 16th 2019.

Pascal Daloz, Executive Vice President, Chief Financial Officer and Corporate Strategy Officer of Dassault Systèmes: “This inaugural €3.65 billion bond issuance received a very strong interest and was largely oversubscribed. This bond offer finalizes the long-term financing of the acquisition of Medidata Solutions and creates a balanced maturity debt profile at very attractive conditions. Looking forward, we now have access to the public debt markets, an important addition to our financing alternatives for the expansion of Dassault Systèmes.”


Credit Agricole CIB, Goldman Sachs, MUFG and Société Générale CIB acted as Joint Global Coordinators. 

BNP Paribas, BOFA Merrill Lynch, CM-CIC, Commerzbank, ING and Santander acted as Joint Bookrunners.


Investor Calendar

Third-quarter 2019 earnings report: October 24, 2019

Fourth-quarter 2019 earnings report: February 6, 2020



This press release is for information purposes only and is not an offer to sell securities or a solicitation to buy securities in any jurisdiction. The securities mentioned in this press release were not and will not be offered through a public offering and no related documents will be distributed to the public in any jurisdiction.

This press release does not constitute an offer or sale of any securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of any such jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Dassault Systèmes does not intend to register any of the securities mentioned in this announcement in the United States or to conduct a public offering of securities in the United States.

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About Dassault Systèmes

Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit https://www.3ds.com