On 15 April 2024: EDF (BBB stable S&P / Baa1 stable Moody’s / BBB+ stable Fitch) successfully priced a senior bond issuance in 3 tranches for a nominal amount of U.S. $2,050 million (the “USD Bonds”):
- $ 650 million bond, with a 5-year maturity and a 5.650% fixed coupon;
- $ 650 million bond, with a 10-year maturity and a 5.950% fixed coupon;
- $ 750 million bond, with a 40-year maturity and a 6.000% fixed coupon;
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.
Settlement and delivery of the USD Bonds will take place on 22 April 2024, the date on which the USD Bonds are expected to be admitted to trading on the multilateral trading facility of the Euro MTF, operated by the Luxembourg Stock Exchange.
These transactions enable the Group to further strengthen the structure of its balance sheet, as well as refinance upcoming maturities.
The expected rating for the USD Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).