on EDF (EPA:EDF)
EDF: Success of the Green Bond issue
On August 21, 2024, EDF successfully raised CHF 310 million in Senior Green Bonds. This transaction was carried out in two tranches: CHF 155 million over 5 years with a fixed coupon of 1.5650%, and CHF 155 million over 8 years with a fixed coupon of 1.7425%.
The funds will be used to finance and/or refinance investments in renewable energy and hydroelectric projects, in line with EDF’s Green Financing Framework. These initiatives comply with the European taxonomy.
This issue contributes to EDF's strategy aimed at carbon neutrality by 2050. EDF maintains its commitments to promote the energy transition and composes its portfolio mainly of decarbonized energies, such as nuclear and renewable.
R. P.
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