Veolia is the first French issuer of a Panda Bond

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Press release: Finance - Group. Paris, September 2, 2016 (89.8 KB)

Veolia Environnement has successfully issued a bond for a nominal amount of 1 billion Renminbis (ie 135 million Euros) on the Chinese domestic market (Panda Bond). This is the first time a French issuer has tapped the Chinese domestic market. The bond was issued via a private placement, and bears an interest rate of 3.5 % for a 3 year maturity. It was issued to Chinese and international investors.

The proceeds of this bond will be used to refinance debt related to investments that the Group has made in China. This operation secures and optimizes the funding of the Group in Renminbi.

Veolia has been present in China for 20 years, and in 2015 recorded €1.25 billion in revenue (including joint ventures) through 60 contracts spread over 40 cities. This issuance supports Veolia's objective to continue to actively pursue growth in China, already among the three largest countries
within the Group in terms of capital employed.

The pricing which was achieved is a signal of the significant appreciation of Veolia’s credit quality, and investors’ confidence in the future development of the Group in China.

The transaction was coordinated by Bank of China as Global Coordinator and Lead Underwriter, and executed by Standard Chartered, BNP Paribas and Crédit Agricole CIB as Financial Advisors.

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Veolia group is the global leader in optimized resource management. With over 174,000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. In 2015, the group Veolia supplied 100 million people with drinking water and 63 million people with wastewater service, produced 53 million megawatt hours of energy and converted 39 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Euronext Paris: VIE) recorded
consolidated revenue of €25 billion in 2015. www.veolia.com

Contacts

Group Press Relations
Laurent Obadia - Sandrine Guendoul
Stéphane Galfré – Marie Bouvet
Tel.+ 33 1 71 75 12 52
[email protected]

Investors & AnaIyst Relations
Ronald Wasylec - Ariane de Lamaze
Tel. + 33 1 71 75 12 23 / 06 00
Terri Anne Powers (USA)
Tel. +1 630 218 1627