Edf: EDF launches a tender offer on two outstanding series of hybrid notes and announces its intention to launch an issue of new green hybrid notes

Core Viewpoint - EDF is launching a tender offer to purchase two series of outstanding hybrid notes and intends to issue new green hybrid notes to finance investments aligned with its Green Financing Framework [1][3]. Group 1: Tender Offer Details - EDF is offering to purchase €1,000,000,000 reset perpetual subordinated notes, with €501,300,000 currently outstanding, and £1,250,000,000 reset perpetual subordinated notes, with £628,700,000 currently outstanding [1]. - The results of the tender offer will be announced on 7 October 2025, subject to changes [2]. Group 2: New Green Hybrid Notes - EDF plans to issue new euro green perpetual subordinated notes under its EMTN programme, with proceeds used to finance investments related to the lifetime extension of existing nuclear reactors in France [3]. Group 3: Company Overview - EDF is a key player in the energy transition, focusing on power generation, distribution, trading, and energy services, with a significant output of 520TWh, 94% of which is decarbonized [13]. - The company generated consolidated sales of €118.7 billion in 2024 and serves approximately 41.5 million customers [13].