Veolia: 2 billion euros raised

(CercleFinance.com) - Veolia announces that it has raised two billion euros under very attractive terms, with an order book exceeding six billion euros and coming from numerous and high-quality investors (close to 500 orders coming from three continents).


This issue is in the form of two tranches of deeply subordinated perpetual notes composed of 850 million euros with a coupon rate of 2.25% until April 2026 and 1,150 million euros with a coupon rate of 2.50% until April 2029.

The proceeds from this transaction, which marks Veolia's return to the hybrid debt market (which it had not participated in since 2013), will serve to refinance the acquisition last week of 29.9% of the capital of Suez from Engie.

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