This issuance includes a 600 million Euro bond maturing in October 2023 (7-year maturity) bearing a coupon of 0.314 % and a 500 million Euro bond maturing in January 2029 (long 12-year maturity) bearing a coupon of 0.927 %. Both were issued at par.
The bonds were distributed towards a large investor base covering both Europe and Asia. Profiting from extremely favorable interest rate and credit markets, the bonds were issued at the lowest coupon in Veolia's history for this type of product.
The high level of oversubscription, the quality of investor base and the outstanding conditions that were achieved are signals of the significant appreciation of Veolia’s credit quality.
The proceeds of this issuance will be used for general corporate purposes, and to partially refinance upcoming debt maturities.
The distribution of this press release in certain jurisdictions may be subject to specific regulations or may be restricted by regulations or laws. In particular, this press release shall not be released, published or distributed in the United States, its territories and possessions, in Australia, in Canada or in Japan.
This announcement does not constitute an offer or solicitation in the United States, its territories and possessions, or in any other jurisdiction.------------------------
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
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