EDF announces the success of its senior multi-tranche
From GlobeNewswire: 2025-01-07 02:38:00
EDF successfully priced a senior bond issuance in 3 tranches totaling $1.9 billion on January 6, 2025. The bonds include a $700 million 10-year bond, $800 million 30-year bond, and a $400 million additional issue with a 40-year maturity. This move allows EDF to fund its strategy towards carbon neutrality by 2050. Settlement and delivery are expected on January 13, 2025, with an anticipated rating of BBB / Baa1 / BBB+. The bonds are not intended for retail investors in the US or UK. EDF is a key player in the energy transition, supplying energy to around 40.9 million customers and generating €139.7 billion in sales in 2023.
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