French energy provider EDF issued multiple bonds with an aggregated value of $5.86 billion.
The company issued two US denominated bonds listed on the Taipei Exchange (Formosa bonds), two green bond issuances to the Euronext Paris and a senior vanilla notes issuance to the SIX Swiss Exchange, under its €45 million EMTN Programme.
The Formosa bonds consisted of a $491 million 4.65% mixed rate bond with a thirty year coupon, and a $2.164 billion 4.99% fixed rate bond with a forty year coupon; an aggregated total of $2.655 billion.
The green bonds consisted of a €1.75 billion 1% green bonds due 2026, and a €750 million 1.875% notes due 2036; an aggregated total of €2.5 billion.
The Swiss franc denominated bonds consisted of a CHF400 million bond with an 8 year maturity, and a CHF150 million bond with a twelve year maturity.
This was the company's second issuance of Formosa bonds to the Taipei Exchange.
The green bond issuance makes EDF the largest issuer of this type in France.
HSCB acted as lead manager and bookrunner, Standard Chartered Bank acted as manager, bookrunner and liquidity provider, and Masterlink Securities Corporation and Bank Sinopac as co-managers on the $491 million bond issue.
HSCB acted as lead manager and bookrunner, Standard Chartered Bank acted as manager, bookrunner and liquidity provider, and KGI Securities Co and Bank Sinopac as co-managers on the $2.164 billion bond issue.
Crédit Agricole CIB, Banca IMI, Barclays Bank, ING Bank, Banco Santander and Société Générale acted as active bookrunners and Banco Bilbao Vizcaya Argentaria, CM-CIC Market Solutions, La Banque Postale, Mediobanca, Natixis and UniCredit Bank AG acted as passive bookrunners on the green bond issue.
John Crabb - Journalist
New to IFLR1000?
Register today for FREE:
Understand market dynamics, with data broken by deal type and more