EDF fires up market with €4.5bn sale of green converts, hybrids

By Aidan Gregory
08 Sep 2020

Electricité de France has reopened the equity-linked bond new issue market in EMEA with a huge €2.4bn green convertible bond, alongside a €2.1bn hybrid capital issue.

The four year bond is the largest green equity-linked security issued so far globally, dwarfing all previous transactions. But it is also a large convertible bond in its own right.

“It is pretty punchy, I have to say,” said an equity-linked fund manager. “I have to think of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial