Carrefour Secures €500 Million Through Sustainability-Linked Bond

Carrefour has successfully issued a Sustainability-Linked Bond amounting to €500 million. This bond is aligned with two sustainability objectives: reducing greenhouse gas emissions for Scope 1 and 2, and reducing emissions from purchased goods and services, classified as Scope 3.

The bond comes with a fixed annual coupon rate of 3.25% and matures in June 2030. Notably, it was nearly six times oversubscribed, indicating strong market confidence in Carrefour's financial health and sustainability commitments.

Funds from this bond will be used for Carrefour's general corporate needs and debt refinancing. Standard & Poor's has given this bond a "BBB" rating, reflecting its investment-grade status.