Edf: EDF announces the final results of its tender offer for two series of outstanding hybrid notes

Core Viewpoint - EDF has completed its tender offer for two series of outstanding hybrid notes, indicating a strategic move to manage its debt and optimize its capital structure [1][2]. Summary by Relevant Sections Tender Offer Details - The tender offer was launched on 29 September 2025 to purchase all outstanding hybrid notes, specifically €1,000,000,000 reset perpetual subordinated notes (ISIN: FR0011697028) with €501,300,000 outstanding and £1,250,000,000 reset perpetual subordinated notes (ISIN: FR0011401728) with £628,700,000 outstanding [1]. - The settlement date for the accepted notes is expected to occur on 9 October 2025 [2]. Results of the Tender Offer - For the €1,000,000,000 reset perpetual subordinated notes, €218,500,000 was tendered and accepted for purchase at a tender price of 100.850%, leaving €282,800,000 immediately outstanding [2]. - For the £1,250,000,000 reset perpetual subordinated notes, £469,100,000 was tendered and accepted for purchase at a tender price of 100.550%, leaving £159,600,000 immediately outstanding [2]. Company Overview - EDF is a key player in the energy transition, engaged in all aspects of the energy business, including power generation, distribution, trading, energy sales, and energy services [11]. - The company is a world leader in low-carbon energy, with an output of 520 TWh, 94% of which is decarbonized, and a carbon intensity of 30 gCO2/kWh in 2024 [11]. - EDF serves approximately 41.5 million customers and generated consolidated sales of €118.7 billion in 2024 [11].