On 13 May 2024: EDF (BBB stable S&P / Baa1 stable Moody’s / BBB+ stable Fitch) successfully priced a senior bond issuance in two tranches for a nominal amount of CAD 750 million (the “CAD Bonds”):
• CAD 350 million bond, with a 10-year maturity and a 5.379% fixed coupon;
• CAD400 million bond, with a 30-year maturity and a 5.777% fixed coupon;
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.
Settlement and delivery of the CAD Bonds is expected to take place on 17 May 2024.
This transaction enables the Group to further strengthen the structure of its balance sheet, as well as refinance upcoming maturities.
The expected rating for the CAD Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).