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Edf: EDF announces the success of its inaugural “Kangaroo” senior multi tranche bond issuance for a nominal amount of AUD 1 billion
Globenewswire· 2025-08-21 05:32
Core Viewpoint - EDF successfully completed its inaugural "Kangaroo" senior bond issuance for a nominal amount of AUD 1 billion, aimed at financing its low carbon power system strategy and diversifying its investor base [1][2]. Group 1: Bond Issuance Details - The bond issuance consists of two tranches: AUD 500 million with a 10-year maturity at a fixed coupon of 5.636% and AUD 500 million with a 20-year maturity at a fixed coupon of 6.627% [5]. - Settlement and delivery of the bonds are scheduled for 28 August 2025, with expected ratings of BBB from S&P, Baa1 from Moody's, and BBB+ from Fitch [2]. Group 2: Company Overview - EDF is a key player in the energy transition, engaged in power generation, distribution, trading, energy sales, and services, with a focus on low-carbon energy [3]. - The company generated 520 TWh of energy in 2024, with 94% being decarbonized, and has a carbon intensity of 30gCO2/kWh [3]. - EDF serves approximately 41.5 million customers and reported consolidated sales of €118.7 billion in 2024 [3].