EDF (BBB CW neg S&P / Baa1 neg Moody’s / BBB+ stable Fitch) has successfully launched on 5 October 2022 a senior bond issue in 3 tranches for a nominal amount of 3 billion euros:
- €750 million Bond, with a long 4-year maturity and a 3.875% fixed coupon;
- €1 billion Bond, with a 7-year maturity and a 4.375% fixed coupon;
- €1.25 billion Green Bond, with a 12-year maturity and a 4.75% fixed coupon.
An amount equal to the net proceeds of the Green Bond will be used to finance and/or refinance, in whole or in part, electricity distribution investments as defined in EDF's Green Financing Framework published in July 2022 ([1]).
Settlement and delivery will take place on 12 October 2022, the date on which the Bonds will be admitted to trading on the regulated market of Euronext Paris.
The expected rating for the Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).
([1]) The Framework and the independent review by Cicero are available in the Sustainable Finance section of the Company's website