EDF raises US $ 2 billion at 50 year as part of its EMTN program
On 27 November 2019, EDF (A- S&P / A3 Moody’s / A- Fitch) successfully raised US $ 2 billion with a 50 year maturity and a fixed coupon of 4.50%.
The bonds were issued under a pure Reg-S format with no distribution to US investors. This transaction benefits from a very diversified investor base at the long end of the credit curve.
Following this transaction, the average maturity of the EDF group's gross debt is extended by c.one year, to 15.2 years (proforma as of June 30th, 2019).
.
Disclaimers
This press release and the information contained herein do not constitute an offer to sell or subscribe, nor a solicitation of an order to purchase or subscribe the notes in any country, in particular in the United States.
The publication, distribution or transmission of this press release may, in certain countries, be subject to legal restrictions. Persons in possession of this press release should inform themselves about and comply with any applicable restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
Contacts
Analysts and investors
Phone: +33 (0) 1 40 42 40 38
Press Office
Phone: +33 (0) 1 40 42 46 37
service-de-presse@edf.fr