Suez : 500 ME green bond issue
This transaction was a great success, with an oversubscription of 5.5 times and an order book reaching 2.7 billion euros. More than 200 investors renewed their confidence in the Group.
The main purpose of this issue is to refinance part of the €1.2 billion acquisition facility raised in December 2022 to complete the acquisitions of Suez Recycling and Recovery UK and IWS, which specializes in hazardous waste management in France. It may also be used to finance eligible projects as defined in the Group's Green Bond Framework.
Suez's long-term senior debt is rated Baa2 (stable outlook) by Moody's.
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