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Veolia Raises €500 M for Its First Ever Hybrid Green Bond Issuance With an Outstanding Level of Oversubscription
Veolia Raises €500 M for Its First Ever Hybrid Green Bond Issuance With an Outstanding Level of Oversubscription

Business Wire

time13-05-2025

  • Business
  • Business Wire

Veolia Raises €500 M for Its First Ever Hybrid Green Bond Issuance With an Outstanding Level of Oversubscription

PARIS--(BUSINESS WIRE)--Regulatory News: Veolia (Paris:VIE) has successfully completed its first ever green bond issuance, for 500 million euros. It takes the form of deeply subordinated perpetual hybrid notes, bearing a coupon of 4.371% until its first reset date in August 2030. Proceeds from the issue will be used to finance or refinance eligible Green projects, as described in the Green Financing Framework published in March 2025. Moreover, this hybrid bond will replace some existing hybrid debt currently in Veolia's balance sheet. Thanks to excellent market momentum and the Green aspect of the issue, the order book reached 2.7 billion euros, i.e. an oversubscription rate of over 5 times. Thanks to strong demand, the new issue concession was nil. This high level of oversubscription, the quality of the investors and the very good terms obtained testify to the very positive perception of Veolia's signature and its financial solidity, as well as to the market's approval of its Framework. ' With this first green bond, we wanted to highlight the Group's activities, which are aligned with investors' expectations in terms of ecological transformation and with our GreenUp strategic plan,' says Emmanuelle Menning, Deputy Veolia CEO Finance and Purchasing. ' The excellent market response confirms the relevance of Veolia's positioning as the world leader in ecological transformation, as well as the strength of our activities in our three businesses: water, energy and waste.' ABOUT VEOLIA Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024.

Veolia Environnement: Release of the Base Prospectus of the 2025 "Euro Medium Term Notes" Programme
Veolia Environnement: Release of the Base Prospectus of the 2025 "Euro Medium Term Notes" Programme

Yahoo

time29-03-2025

  • Business
  • Yahoo

Veolia Environnement: Release of the Base Prospectus of the 2025 "Euro Medium Term Notes" Programme

AUBERVILLIERS, France, March 29, 2025--(BUSINESS WIRE)--Regulatory News: Veolia Environnement (Paris:VIE) has finalized the annual update of its 20 billion euros Euro Medium Term Notes program. The base prospectus (AMF approval number 25-084 on March, 28th 2025) is available on the website of the company ("finance" area, section "debt and ratings" under "analysts and investors"), at its administrative headquarters, from the paying agent (Société Générale Securities Services) and on the website of the Autorité des Marchés Financiers ABOUT VEOLIA Veolia group aims to become the benchmark company for ecological transformation. Present on five continents with 215,000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2024, the Veolia group provided 111 million inhabitants with drinking water and 98 million with sanitation, produced 42 million megawatt hours of energy and treated 65 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 44.7 billion euros in 2024. View source version on Contacts CONTACTS VEOLIA RELATIONS PRESSE GROUPE Laurent Obadia – Evgeniya Mazalova Charline Bouchereau – Anna BeaubatieAurélien Sarrosquy +33 (0)1 85 57 86 ANALYSTES & INVESTISSEURS Selma Bekhechi – Ariane de Lamaze +33 (0)1 85 57 84 76 / 84 80investor-relations@

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