Altarea completes a 300 million euro bond issue

Altarea, a leader in low-carbon urban transformation in France, has announced the establishment of a new bond issue with a nominal amount of €300 million. This issue will have a maturity of 7 years, until October 2, 2031, with an annual coupon of 5.50%.

This initiative is part of the Group's financing strategy, aimed at strengthening its liquidity and extending the duration of its debt, thereby solidifying its long-term credit profile. Carried out with a broader investor base, it reflects the market's confidence in the Group's strategic roadmap.

The issue date of the bonds on Euronext Paris is set for October 2, 2024. The banks BNP Paribas, CIC, Crédit Agricole CIB, La Banque Postale, Natixis and Société Générale CIB acted as Joint Lead Managers on this issue.