Séché Environnement Launches €350 Million Green Bonds

Séché Environnement S.A. has announced the launch of a €350 million offering in green senior notes due in 2030. The proceeds are earmarked for repaying outstanding bridge loans and revolving credit used in the acquisition of ECO, alongside general corporate expenditures.

According to the company, an equivalent amount to the net proceeds will finance eligible expenditures under its new green finance framework, aligning with the Green Bond Principles set by the ICMA. The framework, validated by Sustainalytics, is considered credible and impactful.

The offering targets non-U.S. investors outside the European Economic Area and the UK retail market. The notes are intended for professional clients only. There are no assurances on the offering's completion, and it remains subject to market conditions.