On 30 January 2025, EDF (BBB positive S&P / Baa1 stable Moody’s / BBB+ negative Fitch) successfully priced a green senior bond issuance in 2 tranches for a nominal amount of CAD 750 million (the “CAD Green Bonds”):
- CAD 450 million green bond, with a 10-year maturity and a 4.573% fixed coupon;
- CAD 300 million green bond, with a 30-year maturity and a 5.231% fixed coupon;
An amount equal to the net proceeds of the CAD Green Bonds will be allocated to investments in relation to the lifetime extension of the existing French nuclear reactors, as defined in EDF’s Green Financing Framework ([1]) and aligned with the European taxonomy.
This transaction enables EDF to finance its strategy and objective to contribute to achieving carbon neutrality by 2050.
Settlement and delivery of the CAD Green Bonds is expected to take place on 6 February 2025.
The expected rating for the CAD Green Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).
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.