On 29 November 2024, EDF (BBB positive S&P / Baa1 stable Moody's / BBB+ negative Fitch) signed a €6 billion syndicated credit facility for a five-year term, renewable twice for one year. Its cost will be indexed to three Group sustainability performance indicators, in line with the Loan Markets Association's Sustainability Linked Loans Principles:
- direct greenhouse gas emissions;
- avoided CO2 emissions;
- women among executives of the Group.
This credit facility is syndicated with 36 banks. It replaces the existing syndicated credit lines of €4 billion and €1.5 billion.
Bank of America, Crédit Agricole Corporate and Investment Bank and Mizuho Bank, Crédit Agricole Corporate and Investment Bank as facility agent, Mizuho Bank as documentation agent, and MUFG and Société Générale as ESG coordinators.
This ESG-indexed credit facility is in line with EDF's commitment to work for a just energy transition and to contribute to achieving carbon neutrality by 2050.