Faurecia to Offer Notes to Finance Hella Stake

Faurecia has priced €1.2bn in sustainability-linked notes they could use to partly finance their acquisition of a majority stake in Hella. The notes, which come due in 2027, are the first issuance from Faurecia’s Sustainability-Linked Financing Framework released last month. The environment, social and governmence (ESG) debt market is soaring as investors and authorities demand for more…

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Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.