Loxam successfully places €300 Million Senior Subordinated Notes Offering with a coupon of 7.375%

LOXAM, the leading equipment rental group to professionals in Europe, announces today the successful placement of its €300 million Senior Subordinated Notes offering due 2020.

Loxam has conducted the first issuance in euros in its business sector of subordinated high yield bonds. Loxam is pleased by the level of interest demonstrated by European investors for this transaction. The proceeds of the notes will be used to refinance a portion of Loxam’s existing indebtedness, to pursue selective acquisition opportunities and for the Group’s general corporate purposes. The Notes were offered to institutional investors and have not been the subject of a public offering. Settlement of the bond transaction is scheduled to take place on or about January 24, 2013. Rothschild acted as financial advisor to Loxam.

For more information, please contact:

Loxam
89, Avenue de la Grande Armée
75219 Paris Cedex 16
Tel. +33 1 58 44 01 91
E-mail: lenaig.gabbardo@loxam.fr

About Loxam
Loxam is the largest equipment rental Group in Europe with a turnover of €828 million in 2012. It has a network of 598 branches in 10 countries in Europe and a staff of approximately 4,200 employees.

DISCLAIMER

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

This announcement does not constitute an offer of securities for sale in the United States. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. There will be no public offering of the securities in the United States in connection with this transaction.

This announcement does not constitute or form part of an offer or solicitation of an offer to purchase or subscribe for securities in France. The securities referred to herein may not be and will not be offered or sold to the public in France except to qualified investors ("investisseurs qualifiés") acting for their own account, as defined in, and in accordance with Articles L. 411-2, D. 411-1 and D. 411-4 of the French Monetary and Financial Code.

This document and the offer when made are only addressed to and directed at persons in member states of the European Economic Area (“EEA”) who are “qualified investors” within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC, as modified by Directive 2010/73/EU) (the “Prospectus Directive”) (“Qualified Investors”).

In the United Kingdom, this document is being distributed only to, and is directed only at, Qualified Investors (i) who have professional experience in matters relating to  investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) and Qualified Investors falling within Article 49 of the Order, and (ii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as “relevant  persons”).

This document must not be acted on or relied on (i) in the UK, by persons who are not relevant persons, and (ii) in any member state of the EEA other than the UK, by  persons who are not Qualified Investors. Any investment or investment activity to which this document relates is available only to (i) in the UK, relevant persons, and (ii) in any member state of the EEA other than the UK, Qualified Investors, and will be engaged in only with such persons.