Veolia: bond offering heavily oversubscribed to

(CercleFinance.com) - Veolia reports that it has taken advantage of the recent fall in interest rates to place E500m worth of bonds maturing in January 2031, issued at par and carrying a coupon of 2.
974%, thus partially anticipating its 2025 refinancing.

Against a backdrop of market volatility, the operation brought together nearly 200 orders for a total in excess of E3.6bn, which enabled the company to optimize the financial terms and obtain a zero new issue premium.

The quality of the order book and this high level of oversubscription testify to the very positive perception of Veolia's signature and its financial performance, which guarantee optimal access to the market, the utilities group said.


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