Iliad: places a 500 ME green bond issue

(CercleFinance.com) - Yesterday, iliad SA successfully placed a €500 million green bond issue.
The bond has a maturity of just over 5 years and an annual coupon of 4.25%.

This transaction, announced for a maximum amount of 500 million euros, met with very strong investor demand (with final demand in excess of 1.5 billion euros).

It enables the Group to take advantage of the improved market conditions observed, and to refinance part of its existing bond debt via the buyback offer launched jointly on its bonds maturing in April 2025 and June 2026.

'The proceeds from this green bond will be used to finance and partly refinance eligible expenses described in the Group's Green Financing Framework published on October 21', says the Group.

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