On 6 January 2025: EDF (BBB positive S&P / Baa1 stable Moody’s / BBB+ negative Fitch) successfully priced a senior bond issuance in 3 tranches for a nominal amount of U.S. $1.9 billion (the “USD Bonds”):
- $ 700 million bond, with a 10-year maturity and a 5.750% fixed coupon;
- $ 800 million bond, with a 30-year maturity and a 6.375% fixed coupon;
- $ 400 million additional issue of the bond issued on 22 April 2024 with an initial maturity of 40 years and a 6.000% fixed coupon ([1]).
This transaction enables EDF to finance its strategy and objective to contribute to achieving carbon neutrality by 2050.
Settlement and delivery of the USD Bonds will take place on 13 January 2025, the date on which the USD Bonds are expected to be admitted to trading on the multilateral trading facility of the Euro MTF, operated by the Luxembourg Stock Exchange.
The expected rating for the USD Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).
([1]) See press release on 16 April 2024