Nexans in €280 Million Convertible Bond Offering

July 7, 2006

Cleary Gottlieb represented Nexans in its offering of €280 million principal amount convertible bonds. The offering priced on June 29 and closed on July 7. The bonds are listed on Eurolist by Euronext Paris, and the offering included a public offering in France and an international institutional offering under Regulation S. BNP Paribas and Société Générale Corporate & Investment Banking acted as joint lead managers and joint bookrunners.

Nexans is a global market leader in the cable industry, manufacturing and selling copper and fiber optical cables for telecommunications and energy networks, as well as the aerospace, automotive, railways, building, petrochemical and medical sectors. Nexans pursues commercial activities worldwide, maintains an industrial presence in 29 countries and employs 20,000 people. In 2005, the company had sales in of €5.4 billion.