Veolia successfully completes its first green hybrid bond issue

Veolia has successfully raised €500 million in its first green hybrid bond offering. The deeply subordinated, perpetual bonds have a coupon of 4.371% until August 2030. This fundraising aims to finance eligible green projects, in accordance with the Green Financing Framework of March 2025, while partially replacing existing hybrid debt.

Investor demand was impressive, with the order book reaching €2.7 billion, more than five times oversubscribed. No premium was applied due to these favorable conditions, reflecting the market's confidence in Veolia's financial strength.