EDF: successful $500 million bond issue

(CercleFinance.com) - EDF announces the successful completion of its ' Formosa ' senior green bond issue for a nominal amount of $500 million, with a 5-year maturity and a variable coupon of SOFR + 1.
15%.

This transaction enables EDF to finance its strategy and its objective of contributing to achieving carbon neutrality by 2050.

Settlement and delivery will take place on January 20, 2025, at which time the Bonds are expected to be admitted to trading on the Taipei Exchange and the Euro MTF, the multilateral trading facility operated by the Luxembourg Stock Exchange.

The expected rating of the Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).

Copyright (c) 2025 CercleFinance.com. All rights reserved.