On 24 January 2025: EDF (BBB positive S&P / Baa1 stable Moody’s / BBB+ negative Fitch) successfully priced tap offerings for a total of €480 million and £100 million on 4 outstanding bond issues (the “Bonds”):
- Tap offering of €250 million on the green bonds issued on 5 December 2023 to finance the extension of the life of nuclear reactors in France, with an initial maturity of 3.5 years and a fixed coupon of 3.750% (ISIN: FR001400M9L7),
- Tap offering of €100 million on the bonds issued on 12 October 2022 with an initial maturity of 7 years and a fixed coupon of 4.375% (ISIN: FR001400D6N0),
- Tap offering of €130 million on the green bonds issued on 17 June 2024 to finance renewable energy and hydroelectric projects, with an initial maturity of 12 years and a fixed coupon of 4.375% (ISIN: FR001400QR70),
- Tap offering of £100 million on the bonds issued on 8 November 2024 to finance investment in the construction of the Hinkley Point C project in the United Kingdom, with an initial maturity of 40 years and a fixed coupon of 6.500% (ISIN: FR001400TU80).
This transaction enables EDF to finance its strategy and objective to contribute to achieving carbon neutrality by 2050.
Settlement and delivery of the Bonds is expected to take place on 31 January 2025, the date on which the Bonds should be admitted to trading with a temporary ISIN code for 40 days.
EDF is an active issuer of debt and other types of securities. EDF regularly assesses its financing requirements and monitors national and international financial markets for opportunities to conduct additional issuances of senior debt, hybrids and/or other types of securities.