We have maintained a partnership with LISI S.A. for eight years, starting in 2013. Most recently, in May 2021, we closed on a three-year, $200 million multi-currency revolving PGIM Private Shelf facility. LISI’s decision to partner with us as the sole investor was a result of our existing relationship and documentation, ability to move quickly to lock in attractive rates, and ease of execution overall.
Based in Belfort in Eastern France since 1777, LISI S.A. is a global industrial group specializing in the manufacture of high value-added assembly and component solutions for the aerospace, automotive and medical industries.
A partner of the world’s leading players and wrought by its long-term family values, LISI has been innovating and investing in research and development of new products and new technologies. The group adapts its industrial tool to meet the current and future needs of its customers, especially in terms of quality, safety and performance. The group differentiates itself on two strategic axes: innovation and operational excellence.
We have maintained a partnership with LISI S.A. for eight years, starting in 2013. Most recently, in May 2021, we closed on a three-year, $200 million multi-currency revolving Shelf facility.
The funds will be used for general corporate purposes and to extend the Company’s debt maturity profile. LISI’s decision to partner with us as the sole investor was a result of our existing relationship and documentation, ability to move quickly to lock in attractive rates, and ease of execution overall.
We are excited to continue our partnership with LISI and look forward to supporting its ongoing business objectives and growth.
