Veolia Announces the Great Success of Its New Bond Issuance
December 03 2024 - 1:40PM
Business Wire
Regulatory News:
Veolia (Paris:VIE) took advantage of the recent drop in long
term rates to issue EUR 500 million bond with a January 2031
maturity. These bonds bear a coupon of 2.974% and were issued at
par.
In volatile markets, the transaction received roughly 200 orders
for an aggregate amount over EUR 3.6 billion. This enabled Veolia
to optimise the financial conditions and to reach a transaction
with no new issue concession. The quality of the orderbook and the
high oversubscription rate prove the strong perception of the
Group’s credit quality and of its financial performance, granting
optimal access to the market.
“We decided to launch this transaction following the recent drop
of long term interest rates. We demonstrated our agility by issuing
under favorable conditions at the end of the year, in order to
partially anticipate our 2025 refinancing.” declared Emmanuelle
Menning, Deputy CEO Finance and Purchasing. “The excellent
reception we have received from the market once again illustrates
the relevance of Veolia's positioning as the world leader in
ecological transformation, as well as the strength of our
activities in our three core businesses: Water, Energy and
Waste.”
ABOUT VEOLIA
Veolia group aims to become the benchmark company for ecological
transformation. Present on five continents with nearly 218,000
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 2023, the Veolia group provided 113 million inhabitants
with drinking water and 103 million with sanitation, produced 42
million megawatt hours of energy and treated 63 million tonnes of
waste. Veolia Environnement (Paris Euronext: VIE) achieved
consolidated revenue of 45,351 million euros in 2023.
www.veolia.com
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CONTACTS VEOLIA GROUP PRESS RELATIONS Laurent
Obadia – Evgeniya Mazalova Anna Beaubatie – Aurélien
Sarrosquy Tel.+ 33 (0)1 85 57 86 25 presse.groupe@veolia.com
INVESTORS & ANALYST RELATIONS Selma Bekhechi – Ariane
de Lamaze Tel. + 33 (0)1 85 57 84 76 / 84 80
investor-relations@veolia.com
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