EDF (BBB+ stable S&P / Baa1 stable Moody’s / BBB+ stable Fitch) announces the signature of bank loans for a total amount of €4 billion with a maximum maturity of 12 to 18 months.
These financings have been arranged with the banks BNP Paribas, Crédit Agricole CIB, Natixis CIB, Société Générale.
One of them for €1 billion will be dedicated to the refinancing of investments in relation to the lifetime extension of the existing nuclear reactors in France, as defined in EDF’s Green Financing Framework(1) and that are aligned with the European taxonomy.
This transaction enables EDF to maintain its financial flexibility while managing the cost of its financial debt.
EDF is an active issuer of debt and other types of securities. EDF regularly assesses its financing requirements and monitors national and international financial markets for opportunities to conduct additional issuances of senior debt, hybrids and/or other types of securities.
(1) The Framework is available in the Sustainable Finance section of EDF's website.