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Iliad SA Completes €500 Million Green Bond Issuance
iliad SA has successfully issued its first €500 million green bond, set to mature in just over five years with an annual interest rate of 4.25%. This inaugural transaction witnessed strong investor interest, with demand exceeding €1.5 billion. The raised funds aim to refinance existing debts and support projects aligning with iliad's Green Financing Framework.
The completion of this transaction reflects investor confidence in iliad's creditworthiness and environmental strategy. Chief Financial Officer Thomas Kienzi emphasized the Group's commitment to sustainable technology and reducing carbon emissions. The green bond carries a Ba2/BB/BB rating by Moody's, S&P, and Fitch.
BNP Paribas and Société Générale served as Global Coordinators and Joint Lead Managers, while other financial institutions supported the issuance. The bond continues iliad's strategic financial operations following a conventional bond issue in April 2024.
R. P.
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